Sarah Jewelry manufactures jewelry. It applies overhead based on direct labor hours. In October, Sarah is planning to make 500 rings, 400 bracelets, and 210 pendants. The company expects the total manufacturing overhead for the year would be $3520000 and that total direct labor hours for the year would be 80000. Actual overhead incurred for October was $295920. Each ring requires 6.30 hours of labor to manufacture; each bracelet requires 5.0 hours of labor to manufacture, and each pendant requires 4 hours of labor to manufacture. What is the standard overhead cost per bracelet? $45.80 $44.00 $229.00 $220.00