Suppose Steel Handles manufactures cast iron skillets. One model is a 10-inch skillet that sells for $30. Steel Handles projects sales of 675 10-inch skillets per month. The production costs are $13 per skillet for direct materials, $4 per skillet for direct labor, and $5 per skillet for manufacturing overhead. Steel Handles has 35 10-inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 30% of the next month's sales. Selling and administrative expenses for this product line are $1,100 per month. Steel Handles is budgeted to produce 843 skillets in July. Compute the total amount budgeted for product costs for July. O A. $18,546 O B. $15,521 O C. $19,316 O D. $14,850

Suppose Steel Handles manufactures cast iron skillets. One model is a 10 -inch skillet that sells for $30. Steet Handles projects sales of 67510 -Inch skillets per month. The production costs are $13 per skillet for direct materials, \$4 per skillet for direct labor, and \$5 per skillet for manufacturing overhead. Steel Handles has 35 10 -inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 30% of the next month's sales. Selling and administrative expenses for this product line are $1,100 per month. Steel Handles is budgeted to produce 843 skillets in July. Compute the total amount budgeted for product costs for July. A. $18,546 B. $15,521 C. $19,316 D. $14,850