3) Fede company produces two products. The products' estimated costs are as follows: Direct materials Direct labor Product S $ 20,000 12,000 Product K $ 15,000 24,000 The company's overhead costs of $108,000 are allocated based on labor cost. Assume 4,000 units of product S and 5,000 units of Product Kare produced. What is the total amount of production costs that would be assigned to Product S? (Do not round intermediate calculations.) A. $56,000 B.$164,000 OC. $68,000 OD. None of the answers are correct