Oriole Company determined that the budgeted cost of producing a product is $1.20 per unit. On June 1, there were 11700 units on hand. The sales department budgeted sales of 310000 units in June. The company desires to have 9000 units on hand on June 30. How much is the budgeted cost of goods manufactured for June?

$368760

$307300

$312700

$375240