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: Units Dollars Sales (budgeted) 200,000 14,000,000 50,000 2,250,000 Finished goods inventory, Jan. 1 (actual) 40,000 Finished goods inventory, Mar. 31 (budgeted) Cost of finished goods manufactured (budgeted manufacturing cost is $48 per unit The company uses the first-in, first-out method of pricing its inventory of finished goods