Victor Inc. Manufacturing Company produces product My Company expects to sell 40,000 units of product and to have an inventory of 4,000 units of "y" on hand at the end of the period. Currently, Company has 2,000 units of "r" on hand. Product or requires two labor operations, molding and polishing. Each unit of product or requires one hour of molding and two hours of polishing. The direct labor rate for molding is $30 per molding hour and the direct labor rate for polishing is $35 per polishing hour. The budgeted cost for direct material is $2. What are the total budgeted costs for the direct material? A. None of them OB. $24,000 C. $84,800 OD. 584,000