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The following data is available for Crane Repair Shop for 2022: Repair technicians' wages $300000 Employee benefits Overhead Total 70000 50000 $420000 The desired profit

The following data is available for Crane Repair Shop for 2022: Repair technicians' wages $300000 Employee benefits Overhead Total 70000 50000 $420000 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. In January 2022, Crane repairs a bicycle that uses parts of $100. Its material loading charge on this repair would be O $40.00. O $60.00. O $184.00. $114.00

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