Pavane, Inc., uses absorption costing. Pavane manufactures and sells a single product, the DG18. At the end of 2020, Pavane's management accountant gathered the following data to prepare budgets for 2021: Materials and labor requirements Direct materials W 6 board feet (b.f.) per unit F 7 yards per unit Direct manufacturing labor 5 hours per unit Pavane expects to sell 2.000 products during 2021 at an estimated retail price of $ 550 per unit. Further, it expects 2021 beginning inventory to be 200 units and would like to end 2021 with 250 products in stock. Direct materials inventories Beginning inventory 1/1/2021 Ending inventory 31/12/2021 3.200 b.f. 2.500 b.f. 1.800 yards 2.800 yards W F Variable manufacturing overhead is $ 9 per direct manufacturing labor-hour. There are also $ 65.600 in fixed manufacturing overhead costs budgeted for 2021. Pavane combines both variable and fixed manufacturing overhead into a single rate based on budgeted direct manufacturing labor-hours. Marketing costs are incurred at the rate of $ 300 per sales visit. The marketing plan calls for 35 sales visits during 2021. Finally, there are $ 36.000 in other non-manufacturing costs budgeted for 2021. Other data includes: W F Direct manufacturing labor 2020 unit price $ 29,00 per b.f. $ 5,80 per yard $ 25,00 per hour 2021 unit price $ 32,00 per b.f. $6,00 per yard $ 26,00 per hour The value of the finished goods inventory on December 31, 2020, is $ 83.200. Pavane uses a FIFO inventory method for both direct materials and finished goods. Ignore work in process in your calculations. Considering the budgets for 2021 answer the following questions. Required: A3: Determine the budgeted total cost of materials used ($). A4: Determine the budgeted Cost of Goods Manufactured ($)