Sherry and John Enterprises are using the kaizen approach to budgeting for $2024.$ The budgeted income statement for January $2024$ is as follows:

Sales $(168,000$ units$)$ $$1,080,000$

Less: Cost of goods sold $650,000$

Gross margin $430,000$

Operating expenses $330,000$

$($includes $$60,000$ of fixed costs$)$

Operating income $$100,000$

Under the kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by $1\%$ per month.

What is budgeted cost of goods sold for March $2024?$