Crane Company ls planning to sell 500 boxes of ceramic tile, with production estimated at 470 boxes during May. Each box of tile requires 44 pounds of clay mr and a 050 hour of direct labor. Clay mix costs $040 per pound and employees of the company are paid $10 per hour. Manufacturing overhead is applied at a rate of 110 hof direct labior costs. Crane has 2900 pounds of ciay mix in beginning imventory and wants to have 3500 pounds in ending inventory. What is the total amount to be budgeted for manufacturing overtuead for the month? $2585$11000$2750$10340