A company has the following annual budget data: Beginning finished goods inventory 40,000 units Sales 70,000 units Ending finished goods inventory 30,000 units Direct materials $10 per unit Direct labor $20 per unit Variable factory overhead $5 per unit Selling costs $2 per unit Fixed factory overhead $80,000 What are total budgeted production costs for the year? (CIA adapted) O $2,100,000. O $2,240,000 $2,180,000. $2.320,000