Pearl Corp. applies manufacturing overhead costs to products at a budgeted indirect

minus

cost rate of

$ 55

$55 per direct manufacturing labor

minus

hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of

$49,000;

300

300 direct manufacturing labor

minus

hours at

$ 40

$40 per hour; and a

40

40% markup rate on total manufacturing costs.

Estimated total product costs for this special order equal ________.

A. $77,500

B. $108,500

C. $61,000

D. $65,500