A-4 Riteway plumbing company provides plumbing repair services and uses time and material pricing. The company has budgeted the following costs for the next year. Olumbers wages and fringe benefits......................... $340,000 Other repair cost except for parts-related costs..............$160,000 Cost of ordering, handling and sorting parts............. 15% OF INVOICE COST In total the company expects to log 20,000 hours of billable repair time next year. According to competitive conditions, the company believes it should aim for a profit of $5 per hour of plumber's Required 2. one of the company's plumber has just completed a repair job that required three hours of time and $40 in parts (invoice cost). compute the amount that would be billed for the job