inventory equal to 40% of the next monthis sales. Selling and administrative exparises for this product line are 51,300 per month. Steel Ciy is budgeted to produce 745 akilets in Ally with a 515 production cont per skillet. Compute the budgeled cont of goods sold for July. A. 511,175 B. $7 , 155 C. 58.250 D. $11.550