The following data is available for Crane Repair Shop for 2019:

Repair technicians wages	$260000
Fringe benefits	70000
Overhead	50000
Total	$380000

The desired profit margin is $32 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019. In January 2019, Crane repairs a bicycle that uses parts of $100. Its material loading charge on this repair would be

$108.

$40.

$60.

$180.