The budgeted production of Capricorn, Inc. is

15 comma 00015,000

units per month. Each unit requires

4040

minutes of direct labor to complete. The direct labor rate is

$ 70$70

per hour. Calculate the budgeted cost of direct labor for the month. (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)

A.

$ 1 comma 050 comma 000$1,050,000

B.

$ 26 comma 250$26,250

C.

$ 700 comma 000$700,000

D.

$ 400 comma 000$400,000