For Nolte Company, the budgeted cost for one unit of product is direct materials $10, direct labor $20 and manufacturing overhead 90% of direct labor cost. If 25,000 units are expected to be sold at $69 each, what is the budgeted gross profit?
Budgeted Gross Profit= Sales - Cost of Goods Sold
Sales= Sales ...
Response provide steps to calculate the budgeted gross profit