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

Repair technician's wages	$251500
Fringe benefits	50000
Overhead	81000
Total	$382500

The desired profit margin is $11 per labour hour. The material loading charge is 40% of invoice cost. It is estimated that 4500 labour hours will be worked in 2020. In March 2022, Pharoah repairs a bicycle that takes three hours to repair and uses parts of $85. The bill for this repair would be

$330.00.

$363.00.

$407.00.

$374.00.