Boben Corporation manufactures one product. Selected information from Boben's Ending Finished Goods Budget is presented below: Total Item Direct Materials Direct Labors $7.50 Quantity Cost 15 pounds $0.50 per pound 2 hours $20.00 per pound 2 hours $8.00 per pound $40.00 $16.00 Manufacturing Overhead The ending finished goods inventory has 20,000 units. The amount presented in Boben's budgeted balance sheet for finished goods is: 1 0 $1,270,000 0 $570,000 0 $950,000 0 $720,000