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March Sander Enterprises prepared the following sales budget Month Budgeted Sales $4,000 April $14,000 $15,000 $18,000 The expected gross proftrate is 30% and the inventory

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March Sander Enterprises prepared the following sales budget Month Budgeted Sales $4,000 April $14,000 $15,000 $18,000 The expected gross proftrate is 30% and the inventory at the end of February was $11,000. Desired Inventory levels at the end of the month are 20% of the next month's cost of goods sold. What is the budgeted cost of goods sold for May? May June O A. $4,500 OB. $12,600 OC. $10,500 OD $3,000

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