Candle Corp. applies manufacturing overhead costs to products at a budgeted indirect cost rate of $80 per direct manufacturing labor hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of 45,000; 350 direct manufacturing labor hours at $30 per hour; and a 40% markup rate on total manufacturing costs.. The bid price for this special order is_ $57,500 $101,500 73,500 $116,900