Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be worked during the coming period of 55,000 hours, (3) manufacturing overhead applied to production during the period of $432,000, and (4) estimated fixed manufacturing overhead of $330,000. The estimated total variable manufacturing overhead cost is closest to:

Group of answer choices

a) 102,000

b) 110,000

c) 108,000

d) 106,000