Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2014 are as follows:
January 40,000
February 50,000
March 60,000
Finished goods inventory at the end of 2013 was 10,000 units. On average, 25% of the futons to be sold in the next month are produced and kept as ending balance in finished goods inventory. The planned selling price is $150 per unit. What would be the slaes budget for March of Fantastic Futons?