Suppose Steel Handles manufactures cast iron skillets. One model is a 10-inch skillet that sells for $34. Steel Handles projects sales of 600 10-inch skillets per month. The production costs are $5 per skillet for direct materials, $3 per skillet for direct labor, and $6 per skillet for manufacturing overhead. Steel Handles has 30 10-inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 40% of the next month's sales. Selling and administrative expenses for this product line are $1,000 per month. Steel Handles is budgeted to produce 810 skillets in July Compute the total amount budgeted for product costs for July OA. $6,960 O B. $11,760 OC. $11,340 OD. $8,400 www. At

Suppose Steel Handles manufactures cast iron skillets. One model is a 10-inch skillet that sells for $34. Steel Handles projects sales of 60010 -inch skillets per month. The production costs are $5 per skillet for direct materials, \$3 per skillet for direct labor, and \$6 per skillet for manufacturing overhead. Steel Handles has 30 10 -inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 40% of the next month's sales. Selling and administrative expenses for this product line are $1,000 per month. Steel Handles is budgeted to produce 810 skillets in July. Compute the total amount budgeted for product costs for July A. $6,960 B. $11,760 C. $11,340 D. $8,400