Bonita Industries has the following budgeted costs for the next year based on budgeted hours of 6,000 : Bonita estimates that the repairs to a Cadillac Escalade damaged in an accident will take 45 hours of labor and $3500 in parts and materials. If the hourly labor charge is $44 and there is a 82% markup on material costs, what is the total cost of the repairs? $5480. $4355. $8350. $1980