Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,300 units of Prime and 1,000 units of Luxuria in 2019.The following estimates are given for 2019: Prime Luxuria Selling price $200 $500 Direct materials 30 70 Direct labor 70 170 Manufacturing overhead 80 140 Nantucket had an inventory of 200 units of Prime and 75 units of Luxuria at the end of 2018. It has decided that as a measure to counter stock outages it will maintain ending inventory of 370 units of Prime and 250 units of Luxuria. Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $15. There were 110 units of Crimpson in stock at the end of 2018. The management does not want to have any stock of Crimpson at the end of 2019. What is the total budgeted cost of goods sold for Nantucket Industries in 2019?