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 2019.The following estimates are given for? 2019:

Prime Luxuria

Selling price ?$200 ? $500

Direct materials 70 80

Direct labor 70 190

Manufacturing overhead 60 110

Nantucket had an inventory of 220 units of Prime and 105 units of Luxuria at the end of 2018. It has decided that as a measure to counter stock outages it will maintain ending inventory of 400 units of Prime and 220 units of Luxuria.

Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $12.00. There were 120 units of Crimpson in stock at the end of 2018. The management does not want to have any stock of Crimpson at the end of 2019.

What is the total budgeted cost of goods manufactured in? 2019?

A. $1,246,300

B. $1,326,000

C. $1,413,500

D. $1,405,700