French Bulldog Company budgeted production of 100,000 diaries for the year. Each diary requires assembly. Assume that 2 hours are required to assemble each diary. If assembly labor costs $10 per hour, the direct labor cost budget for the year is A) $500,000 B) $1,000,000 C) $1,500,000 D) $2,000,000 E) none of the above