Current Attempt in Progress Concord Corporation expects direct materials cost of $5 per unit for 150000 units (a total of $750000 of direct materials costs). Concord's standard direct materials cost and budgeted direct materials cost is Standard Budgeted $5 per unit $5 per unit $5 per unit $750000 per year $750000 per $750000 per year year $5 per unit $750000 per year At January 1, 2019, Sunland Company has beginning inventory of 1000 surfboards, Sunland estimates it will sell 12000 units during the first quarter of 2019 with a 12% increase in sales each quarter, Sunland's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2019 2287500 O $487500 $2257920 $15052.80