Pearl Corp. applies manufacturing overhead costs to products at a budgeted indirectcost rate of $55 per direct manufacturing laborhour.

A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $40,000; 250 direct manufacturing labor hours at $20 per hour; and a 20% markup rate on total manufacturing costs.

Estimated total product costs for this special order equal ________

A $58750

B $70500

C $45000

D $53750