Molton Motors makes large turbo engines.The company manufactured a prototype engine for Apex Corporation.Cost data on that engine follow:

Direct Material$22,000

Direct labor (2,000 hrs @ $20 per hour)40,000

Variable Mfg Overhead (based on DL cost)24,000

Total cost$86,000

Based on experience, Molton uses an 80% learning curve (-0.3219) to calculate costs.Apex wants a quote on 15 additional motors (Molton will keep the prototype).

Calculate the variable cost of producing these fifteen motors.