Suppose Kitchen Helpers manufactures cast iron skillets. One model is a 10 -inch skillet that sells for $32. Kitchen Helpers projects sales of 72510 -inch skillets per month. The production costs are $13 per skillet for direct materials, \$2 per skillet for direct labor, and \$1 per skillet for manufacturing overhead. Kitchen Helpers has 6510 -inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 35% of the next month's sales. Selling and administrative expenses for this product line are $1,600 per month. Kitchen Helpers has budgeted cost of goods sold of $11,600 for July. Compute the budgeted gross profit for July. A. $11,600 B. $9,520 C. $19,728 D. $17,648