Peterson Planters, Inc. budgeted the following amounts for the coming year: Beginning inventory, finished goods $10,000 Cost of goods sold 400,000 Direct material used in production 100,000 Ending inventory, finished goods 25,000 Beginning and ending work-in-process inventory 0 Overhead is estimated to be two times the amount of direct labor dollars. What amount should be budgeted for direct labor for the coming year? Select one: a. $157,500 b. $315,000 c. $105,000 d. $210,000