Butler Company expects to sell 1,650 units in January and 1,550 units in February. The company expects to incur the following productcosts:

Direct Material cost per unit- $85

Direct Labor cost per unit- $60

Manufacturing overhead cost per unit- $55

The beginning balance in Finished Goods Inventory is 250 units at $200 each for a total of $50,000. Butler uses FIFO inventory costing method. Prepare the cost of goods sold budget for Butler for January and February.

January February

Beginning inventory

Units produced and sold in each month

Total budgeted cost of goods sold