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A company is trying to compute the budgeted cost of ending finished goods inventory at first quarter's end, at the end of March. Direct materials

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A company is trying to compute the budgeted cost of ending finished goods inventory at first quarter's end, at the end of March. Direct materials costs amount to $3 per unit, and direct labor costs amount to $2.30 per unit. The following budgeted information is also given: Overhead Incurred Units Sold Units Produced January $300,000 100,000 150,000 February $200,000 80,000 50,000 March $400,000 160,000 200,000 The company expects to start January with 10,000 units in beginning finished goods inventory. What is the budgeted cost of ending finished goods inventory? O $528,500 O $556,294 O $377,500 O $931,000

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