LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.9 hours of direct labor at the rate of $25.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 48,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 600 and 160 units, respectively. Budgeted direct labor costs for June would be:

$3,466,850

$3,485,600

$1,192,500

$3,448,100