Stockton Steel Co., a steel producer and major suppliers to manufacturers of specialty medical devices, has budgeted the following costs in producing 49,000 tons of steel: Fixed manufacturing costs: $49,000 per month Variable manufacturing costs: $18 per ton of steel Stockton produced 46,800 tons of steel during July. At this level of activity, how much will be reported on the flexible budget as total manufacturing costs in July? (Round final answer to the nearest whole dollar, e.g., $123.)

$889,200

$891,400

$931,000

$842,400