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

Repair technicians' wages $360000

Fringe benefits 70000

Overhead 50000

Total $480000

The desired profit margin is $38 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019.

Marigold' labor charge per hour in 2019 would be

$96.

$124.

$134.

$110.