Jody Jewelry Manufactures Jewelry

Jody Jewelry manufactures jewelry.In October Jody is planning to make 500 rings,400 bracelets,and 210 pendants.The company expects the total manufacturing overhead for the year would be $3,450,000 and that total direct labor hours for the year would be 75,000.Actual overhead incurred for October was $295,920.Each ring requires 6.25 hours of labor to manufacture; each bracelet requires 5.5 hours of labor to manufacture,and each pendant requires 4 hours of labor to manufacture.What is the standard overhead cost per ring?

A) $46.00
B) $287.50
C) $300.00
D) $48.00