Suppose Iron Handles manufactures cast iron skillets. One model is a 10-inch skillet that sells for $22. Iron Handles projects sales of 650 10-inch skillets per month. The production costs are $11 per skillet for direct materials, $3 per skillet for direct labor, and $6 per skillet for manufacturing overhead. Iron Handles has 30 10-inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 25% of the next month's sales. Selling and administrative expenses for this product line are $1,600 per month. Iron Handles is budgeted to produce 783 skillets in July. Compute the total amount budgeted for product costs for July. O A. $15,660 OB. $13,000 O c. $16,260 D. $11,802