This table shows the budgeted sales information for our company for the current year:

Quarter	Budgeted Unit Sales
Quarter 1	12,000
Quarter 2	14,000
Quarter 3	13,000
Quarter 4	15,000

Our products manufacturing cost is $105 per unit, including per-unit costs of

- $40 for materials,

- $50 for direct labor,

- $10 for variable overhead, and

- $5 for fixed costs.

What is our budgeted cost of goods sold for Quarter 1?

a)	$1,470,000

b)	$1,400,000

c)	$1,260,000

d)	$1,200,000