Larken has forecast sales for the next three months as follows: July 4,800 units, August 6,300 units, September 7,800 units. Larkens policy is to have an ending inventory of 40% of the next month's sales needs on hand. July 1 inventory is projected to be 1,920 units. Monthly manufacturing overhead is budgeted to be $17,700 plus $14 per unit produced. What is budgeted manufacturing overhead for July?

$78,800

$93,300

$98,800

$76,300