CoursHeroTranscribedText: A company has the following annual budget data: Beginning finished goods inventory 48,000 units Sales 78,000 units Ending finished goods inventory 38,000 units Direct materials $ 12 per unit Direct labor $ 25 per unit Variable factory overhead $5 per unit Selling costs $2 per unit Fixed factory overhead $ 88,000 What are total budgeted production costs for the year? (CIA adapted) $2,944,000. $2,856,000. $3,100,000. $3,012,000