Lakeland Corporation manufactures and sells a single product. In preparing the budget for the first quarter, the company's cost accountant has assembled the following information. Sales (budgeted) Finished goods inventory, January 1 (actua1) Finished goods inventory, March 31 (budgeted) Cost of finished goods manufactured (budgeted manufacturing costs are $48 per unit) 280,899 $14,809, 690 50,6002,250, 000 48, 8e9 The company uses the first-in, first-out method of pricing its inventory of finished goods Required a. Compute the planned production of finished goods (in units) b. Compute the cost of finished goods manufactured c. Compute the finished goods inventory March 31. (Remember to use the first-in, first-out method in pricing the inventory) d. Compute the cost of goods sold units a Planned production of finished goods b. Cost of finished goods manufactured c Ending finished goods inventory d Cost of goods sold