Answer the Following Questions Using the Information Below

Multiple Choice

Answer the following questions using the information below:
Pearl Corp. applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $50,000; 400 direct manufacturing labor-hours at $20 per hour; and a 30% markup rate on total manufacturing costs.
-Estimated total product costs for this special order equal ________.

A) $96,000
B) $76,000
C) $80,000
D) $82,000