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Oriole's Custom Electronics (OCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes. it provides bids using time-and-material

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Oriole's Custom Electronics (OCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes. it provides bids using time-and-material pricing. The following budgeted cost data are available: The company has budgeted for 6.040 hours of technician time during the coming year. It wants a $36 profit margin per hour of labour and a 1005 profit on parts. It estimates the total imvoice cost of parts and materiak in 2022 will be 5658,000. OCE has just received a request for a bid from R. J. Builders on outfitting a $1.2-million new home. The company estimates that it would require 76 hours of labour and $63,200.00 in parts. Calculate the total estimated bill. (Round answer to 2 decimal ploces, eg. 15.25.)

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