Jillian Inc. produces leather handbags. The production budget for the next four months is: July 5,200 units, August 7,600, September 7,500, October 8,300. Each handbag requires 1.9 hours of unskilled labor (paid $15 per hour) and 3.2 hours of skilled labor (paid $23 per hour). What will be the total labor cost for the month of August?

$775,960

$559,360

$174,800

$126,360