6 3 points Topgun Enterprises' controller, Tom Cruise, estimated the following formula, based on monthly data, for total manufacturing overhead cost Overhead costs $100,000+ ($4 x Direct labor hours) If next quarter's budgeted direct labor hours equal 15,000, and are within the relevant range, what is the budgeted overhead cost? 0000 160,000 360,000 1,006,000 $460,000 3 points