Caropa Suppliers applies manufacturing overhead costs to products at a budgeted indirectcost rate of $$60$ per direct manufacturing labor$-$hour. A retail outlet has requested a bid on a special order of the Toy product. Estimates for this order include: Direct materials $$40,000$; $500$ direct manufacturing labor$-$hours at $$20$ per hour; and a $20\%$ markup rate on total manufacturing costs.

Required: Estimated total product costs for this special order equal:

a$.$ None of these answers is correct.

b$.$ $$96,000$

c$.$ $$50,000$

d$.$ $$80,000$