Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as follows:

	Dept. M			Dept. A
Direct materials	$	711,000		$	111,000
Direct labor		211,000			822,000
Factory overhead		633,000			411,000

The actual direct materials and direct labor costs charged to Job. No. 432 during the year were as follows:

Direct materials				$	46,000
Direct labor:
Department M	$	19,000
Department A		23,000			42,000

Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using departmental rates predetermined at the beginning of the year based on the annual budget. The total cost associated with Job. No. 432 for the year should be:

$114,500.

$156,500.

$110,500.

$130,000.