The following data is available for Sunland Repair Shop for 2019: Repair technicians' wages $400000 Fringe benefits 80000 Overhead Total $540000 60000 The desired profit margin is $48 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, Sunland repairs a bicycle that uses parts of $240. Its material loading charge on this repair would be $300. $96. $144. $156