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The following data are available for Cullumber Repair Shop for 2022: The desired profit margin is $13 per labour hour. The material loading charge is

image text in transcribed The following data are available for Cullumber Repair Shop for 2022: The desired profit margin is $13 per labour hour. The material loading charge is 35% of invoice cost. It is estimated that 5000 labour hours will be worked in 2020. In March 2022, Cullumber repairs a bicycle that takes three hours to repair and uses parts of $70. The bill for this repair would be $291.50.$304.50.$343.50.$252.50

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