Bill and Ted have an HVAC service. They have the following revenues and expenses: Income Statement Bill and Teds Excellent HVAC Repair Shop

Sales revenue		$199,000
Variable expenses
Labor	$52,000
Materials	$40,500
Variable overhead	$11,500
Total variable expenses		$104,000
Fixed expenses
Rent	$2,500
Salaries	$38,500
Fixed overhead	$27,000
Total fixed expenses		$68,000
Net income		$27,000

If Bill and Ted spend 2000 productive hours each, and then employees have 5250 productive hours for performing repairs, then the firm has 9250 total productive repair hours. If Ted expects a net operating profit of 18% on sales, then what should his final price be to the customer per hour, excluding materials?

	A.	$22.68
	B.	$18.59
	C.	$14.22
	D.	$17.34