Shale Remodeling uses time and materials pricing. It reports the following information:

Direct labor rate	$ 140	per DLH
Non-materials-related overhead	$ 110	per DLH
Materials-related overhead	10%	of direct materials cost
Target profit margin (both conversion and direct materials)	20%

What price should the company quote for a job requiring four direct labor hours and $580 in materials?

Multiple Choice

$1,374.

$1,780.

$1,552.

$1,606.

$1,954.