Swifty Corporation provides financial consulting and has collected the following data for the next year's budgeted activity for a lead consultant, the company employs time and materials pricing. Consultants' wages $100000 Fringe benefits $22500 Related overhead $17500 Materials clerk's wages $18000 Fringe benefits $4000 Related overhead $20500 Profit margin per hour $20 Profit margin on materials 35% Total estimated consulting hours 5000 Total estimated material costs $170000 The material loading charge is