John's Pet Supplies applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of the Toy Kitty product. Estimates for this order include: Direct materials $50,000; 500 direct manufacturing labor-hours at $20 per hour; and a 25% markup rate on total manufacturing costs.

The bid price for this special order is:

	a.	$75,000
	b.	$100,000
	c.	$96,000
	d.	$112,500