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Maine Company uses an ANNUAL cost formula for overhead of P72,000 + P1.60x where x represents each direct labor worked. For the upcoming MONTH,

Maine Company uses an ANNUAL cost formula for overhead of P72,000 + P1.60x where x represents each direct labor worked. For the upcoming MONTH, Maine plans to manufacture 96,000 units whereby one unit requires five minutes of direct labor. How much is Maine Company's budgeted overhead for the upcoming MONTH?* (1 Point) a. 12,800 Ob. 84,800 c. 774,800 d. 18,800

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