Item6 4 points Item 6 Assume a manufacturing company provides the following information from its master budget for the month of May: Unit sales 6,700 Selling price per unit $ 42 Direct materials cost per unit $ 15 Direct labor cost per unit $ 12 Predetermined overheard rate (based on direct labor dollars) 75% If the company maintains no beginning or ending inventories, what is the budgeted gross margin for May