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The following data is available for Carls repair Shop for 2019: Repair technicians wages...

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Accounting

The following data is available for Carls repair Shop for 2019:

Repair technicians wages $380000

Fringe benefits 85000

Overhead 65000

Total $530000

-------------------------

The desired profit margin is $42 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019. In January 2019, Carls repairs a bicycle that uses parts of $180. Its material loading charge on this repair would be_________________?

$148

$262

$108

$72

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