Retirement Planning is a consulting firm with clients across the nation. Within the company is a travel group that arranges flights and hotel accommodations for its 250 consultants. The overhead cost of operating the travel group amounts to approximately $204,000 annually. Recently the company conducted an ABM study that has determined the following: Each consultant completed approximately 15 business trips per year. On average, 17 trips are scheduled, with 2 trips cancelled and rescheduled. Benchmarking with a Retirement Plannings client indicates that the client incurs a cost of $60 per scheduled trip to book travel. How much overhead cost should be allocated to each completed trip?

$54.40

$48.00

$60.00

None of these answer choices are correct.