The following data is available for Concord Repair Shop for 2022: Repair technicians' wages $450000 Employee benefits Overhead Total 80000 60000 $590000 The desired profit margin is $45 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 January 2022, Concord repairs a bicycle that uses parts of $200. Its material loading charge on this repair would be $80.00. $120.00. $163.00. $288.00. SU