Bunni, Inc. has prepared the following budgets for March. In March, budgeted production equals budgeted sales, and raw materials inventory will stay constant.
| Direct materials |
$4,400 |
| Direct labor |
$8,000 |
| Manufacturing overhead |
$10,300 |
| Selling and administrative expense |
$8,600 |
What is budgeted cost of goods sold for March?