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Assume a manufacturing company provides the following information from its master budget for the month of Mny 15 3 100 Unit sales Selling price per

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Assume a manufacturing company provides the following information from its master budget for the month of Mny 15 3 100 Unit sales Selling price per unit Direct materials cost per unit Direct labor cost per unit Predetermined overheard rate (based on direct labor dollars) 7,100 $ SO $ 18 $ 16 758 If the company maintains no beginning or ending Inventories, what is the budgeted gross margin for May? Multiple Choice O $7,100 O $21.300 0 $28,400 $18.400

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