still industries manufactures flonium, for each unit of flonium, 50kg of flonium is required.The projected sales in units are:

	January	February	March	April
Sales	1,000	1,200	1,500	1,600

The projected production requirements for the nect four months are:

	January	February	March	April
Production	1,020	1,230	1,510	1,460

For direct materials, ending inventory is required to be 15% of the next month's production needs.For finished goods , ending inventory should be 10% of the next month's sales.Each kilogram of flonium costs $2.There are no work-in-process accounts.Direct labour for the next quarter is estimated at $56,250.Fixed overhead for the quarter is $100,000, and variable overhead is $3 per unit produced.The opening balance in finished goods on January 1 is 10% of estimated sales and is $14,500 .The company uses first-in, first -out(FIFO). All prices have remained stable over the eprios.

What is the budgeted cost of goods sold for the quarter ending March 31?