Crystal, Inc. has prepared the following budgets for March. In March, budgeted production is 1,000 units, budgeted sales is 1,200 units, and raw materials inventory will stay constant.

direct materials	$ 4.00	per unit
direct labor hours per unit	$ 7.20	per unit
manufacturing overhead	$ 10.00	per unit
selling and administrative expense	$ 8.00	per unit

What is budgeted cost of goods sold for March?

$20,367

$21,200

$25,440

$35,040