Margo Company manufactures a product that takes 10 direct labor hours to produce. Margo's budgeted sales are 2,000 units in August and 2,500 units in September. Margo's ending finished goods inventory is budgeted to be 20% of the following month's sales. How much was Margo's budgeted direct labor cost for the month of August, assuming that the hourly wage rate is $15.00