2. JP Manufacturing Co. produces two products. The products' identified costs are as follows: Product X Product Y Direct Materials $18,000 $16,000 Direct Labor $10,000 $28,000 The company's overhead costs of $68,000 are allocated based on direct material cost. Assume 4,000 units of product X are produced and 5,000 units of Product Y are produced. What is the total amount of production costs that will be accumulated for Product X? A) $28,000 B) $34,000 C) $36,000 D) $64,000