illian Inc. produces leather handbags. The production budget for the next four months is: July 5,700 units, August 7,900, September 8,000, October 8,400. Each handbag requires 1.4 hours of unskilled labor (paid $12 per hour) and 3.2 hours of skilled labor (paid $16 per hour). What will be the total labor cost for the month of August? Multiple Choice

$404,480

$181,700

$138,510

$537,200