Suppose Chef Plus manufactures cast iron skillets. One model is a 10 inch skiet that sells for $24 Chel Plus projects sales of 575 10 inch sets per month. The production costs are skillet for direct labor, and $3 per skillet for manufacturing overhead Chel Plus has 25 10-inch skillets in inventory at the beginning of July but wants to have an ending evertory e administrative expenses for this product line are $1,000 per month Chef Plus has budgeted cost of goods sold of $7,475 for July Compute the budgeted gross profit for July set for drect matonals, 52 per tmores les Selling and OA $11.245 OB. $5,725 OC $6,325 OD. $11,845