Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,400 units of Prime and 1,700 units of Luxuria in 2020. The following estimates are given for 2020: Prime Luxuria Selling price Direct materials Direct labor Manufacturing overhead $200 $500 30 60 50 40 190 140 Nantucket had an inventory of 250 units of Prime and 105 units of Luxuria at the end of 2019. It has decided that as a measure to counter stock outages it will maintain ending inventory of 360 units of Prime and 240 units of Luxuria. Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $12. There were 140 units of Crimpson in stock at the end of 2019. The management does not want to have any stock of Crimpson at the end of 2020. What is the total budgeted cost of goods sold for Nantucket Industries in 2020? A. $1,785,000 OB. $1,091,400 OC. $1,071,000 OD. $1,300,500