Assume a manufacturing company provides the following information from its master budget for the month of May: Unit sales Selling price per unit Direct materials cost per unit Direct labor cost per unit Predetermined overheard rate (based on direct labor dollars) 5,000 $ 34 $ 12 $ 10 80% If the company maintains no beginning or ending inventories, what is the budgeted gross margin for May? Multiple Choice $15,000 2-57:07 $20,000 $5.000 $10.000