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The following data is available for Swifty Repair Shop for 2022: Repair technicians' wages $380000 Employee benefits Overhead Total 70000 70000 $520000 The desired profit

The following data is available for Swifty Repair Shop for 2022: Repair technicians' wages $380000 Employee benefits Overhead Total 70000 70000 $520000 The desired profit margin is $42 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2022. Swifty labor charge per hour in 2022 would be $104. $118. $132. $146

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