The following data are available for Wheels 'N Spokes Repair Shop for 2020:

Repair technician's wages $155000

Fringe benefits 60000

Overhead 86000

Total $301000

The desired profit margin is $17per labour hour. The material loading charge is35% of invoice cost. It is estimated that4300labour hours will be worked in 2020. In March 2020, Wheels 'N Spokes repairs a bicycle that takes three hours to repair and uses parts of $70. The bill for this repair would be

$236.50.

$287.50.

$304.50.

$355.50.