Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for each employee hour worked. Materials are assigned to each job according to actual cost. Jobs are marked up 20% above cost to determine the selling price. If Job M-47 used $340 of materials and took 20 hours of labor to complete, what is the selling price that should be assigned to the job?

a. $840. b. $1,128. c. $984. d. $720. e. $696.