3 (1 point) Polar Fans has prepared all the necessary budgets and is attempting to prepare their forecasted income statement. Given that the budgeted total manufacturing cost is $600,000, the budgeted beginning and ending DM balances are $410,000 and $378,000 respectively, the budgeted beginning and ending WIP balances are $120,000 and $170,000 respectively, and the budgeted beginning and ending FG inventories are $60,000 and $78,000 respectively, determine the budgeted cost of goods sold for Polar Fans? a) $482,000 b) $500,000 c) $568,000 d) $532,000