The following data are available for Blossom Repair Shop for 2022:

Repair technician's wages $110000 Fringe benefits 50000 Overhead 80000 Total $240000

The desired profit margin is $10 per labour hour. The material loading charge is 30% of invoice cost. It is estimated that 4000 labour hours will be worked in 2022. Blossom labour charge in 2022 would be

$50.

$40.

$70.

$60.