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Gibralter Industries manufactures and sells two models of printers, Standard and Deluxe. It expects to sell 3.500 units of Standard and 1,500 units of Deluxe

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Gibralter Industries manufactures and sells two models of printers, Standard and Deluxe. It expects to sell 3.500 units of Standard and 1,500 units of Deluxe in 2020. The following estimates per unit are given for 2020: 180 150 Standard Deluxe Selling price $400 $650 Direct materials 70 100 Direct labor Manufacturing overhead Gibralter had an inventory of 200 units of Standard and 105 units of Deluxe at the end of 2019. It plans to have ending inventory of 400 units of Standard and 230 units of Deluxe at the end of 2020. What is the total budgeted gross profit for Gibralter Industries in 2020? 5629.000 5998, 100 5042250 $1,023,500

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