The following data are available for Oriole Repair Shop for 2022: Repair technician's wages Fringe benefits Overhead Total $105000 67000 88000 $260000 The desired profit margin is $11 per labour hour. The material loading charge is 40% of invoice cost. It is estimated that 4000 labour hours will be worked in 2022. In January 2022. Oriole repairs a bicycle that uses parts worth $290. Its material loading charge on this repair would be C$348 $116 $406 C558