The standard cost card for Balsam indicates each unit of product should take 1.5 hours of direct labor at a cost of $10 per hour. During the current period, Balsam produced 3,000 units, used 5,000 direct labor hours and paid $9.60 per hour. What should the total labor cost have been to produce the 3,000 units? O $45,000 O $48,000 O $43,200 $50,000