Coronado Industries provides financial consulting and has collected the following data for the next year's budgeted activity for a lead consultant, the company employs time and materials pricing. The labor rate per hour is $42.00$22.00$34.70$35.70 Vaughn Manufacturing is planning to sell 1200 boxes of ceramic tile, with production estimated at 770 boxes during May. Each box of tile requires 44 pounds of clay mix and a 0.50 hour of direct labor. Clay mix costs $0.40 per pound and employees of the company are paid $20 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Vaughn has 3700 pounds of clay mix in beginning inventory and wants to have 4700 pounds in ending inventory. What is the total amount to be budgeted for manufacturing overhead for the month? $33880$52800$8470$13200