The Gerald Company makes and sells a single product called a Clop. Each Clop requires the use of 1.5 hours of direct labor time. The planned cost of direct labor time is $8 per hour. If the company has budgeted to produce 20,000 Clops in January, then the budgeted direct labor cost for January is:

Select one:

a. $195,600

b. $240,000

c. $180,400

d. $172,200