As a service to its customers, Current Designs repairs damaged kayaks. This is especially valuable to customers that have made a significant investment in the composite kayaks. To price the repair jobs, Current Designs uses time$-$and$-$material pricing with a desired profit margin of $$25$ per labor hour and a $50\%$ materials loading charge.

Recently, Bill Johnson, Vice President of Sales and Marketing, received a phone call from a dealer in Brainerd, Minnesota. The dealer has a customer who recently damaged his composite kay ak and would like an estimate of the cost to repair it$.$ After the dealer emailed pictures of the damage, Bill reviewed the pictures with the repair technician and determined that the total materials charges for the repair would be $$94.$ Bill estimates that the job will take $4$ labor hours to complete.

Following is the budgeted cost data for Current Designs:

$\backslash$table$[[$Repair$-$technician wages,$$28,000$