Shocker Electrical, which installs sophisticated electronic control systems in new homes, prices Jobs by using the time and materials method. The following data apply to a job for ABC Builders Labor hours: 212 Materials cost $56,000 The following predictions, based on 38,000 direct labor hours, pertain to the company's operations for the year Annual overhead costs: Material handling and storage Other overhead costs Annual cost of materials used Labor rate per hour, including fringe benefits $ 48,000 1.064.000 1,300,000 Shocker Electrical adds a markup of $31 per hour on its time charges, but there is no profit markup on material costs Required: Calculate the price for the ABC Builders' job. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) Price quotation for ABC Builders