Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate, including fringe benefits Annual labor hours Annual materials purchases Materials purchasing, handling, and storage Overhead for depreciation, taxes, insurance, etc. Target profit margin for both labor and materials $ 81 per hour 6,370 hours $1,216,750 $ 243, 350 $ 681,590 25 % What is the total price for a project requiring 180 direct labor hours and $170,000 of materials? Multiple Choice $210,800. $240,000. $291,300. $281,300. $281,300. $288,800