Crandle Corp

Crandle Corp. applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $40,000; 400 direct manufacturing labor-hours at $15 per hour; and a 50% markup rate on total manufacturing costs.
Estimated total product costs for this special order equal ________.

A) $105,000
B) $64,000
C) $46,000
D) $70,000