An accounting firm is bidding on an audit of a large corporation. Professional labor costs are expected to be $100,000 for the audit engagement. The accounting firm allocates support costs (indirect costs) based upon professional labor dollars at the rate of $2 support costs for each professional labor dollar. To earn a profit of $50,000 on the audit, the accounting firm should set the price at:

a. 150,000 b. 200,000 c. 250,000 d. 300,000 e. 350,000