The following data is available for Bonita Repair Shop for 2022:

Repair technicians wages		$430000
Employee benefits		70000
Overhead		70000
Total		$570000

The desired profit margin is $30 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2022. Bonita labor charge per hour in 2022 would be

$114.

$116.

$130.

$144.

The following data is available for Sheffield Repair Shop for 2022:

Repair technicians wages	$430000
Employee benefits	90000
Overhead	70000
Total	$590000

The desired profit margin is $42 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2022. In March 2022, Sheffield repairs a bicycle that takes two hours to repair and uses parts of $280. The bill for this repair would be

$712.00.

$600.00.

$686.00.

$642.00.

.