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The following data is available for Sheffield Repair Shop for 2019: Repair technicians wages $290000 Fringe benefits 70000 Overhead 50000 Total $410000 The desired profit

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

Repair technicians wages $290000
Fringe benefits 70000
Overhead 50000
Total

$410000

The desired profit margin is $34 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 March 2019, Sheffield repairs a bicycle that takes two hours to repair and uses parts of $180. The bill for this repair would be

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