A company has identified the following overhead costs and cost drivers for the coming year: (CIA adapted) Budgeted direct labor cost was $100,000 and budgeted direct material cost was $280,000. The following information was collected on three jobs that were completed during the year: If the company uses activity-based costing (ABC), the total product cost of Job 103 would be $2,000 $8,000 $12,000 $14,000 $4,000