The following data is available for Coronado Repair Shop for 2019: $270000 Repair technicians' wages Fringe benefits Overhead Total 75000 55000 $400000 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 2019. Coronado labor charge per hour in 2019 would be $111 $122 $96