The following data related to labor is available for Carls Repair Shop for 2019:

Repair technicians wages	$270000
Fringe benefits	70000
Overhead	50000
Total	$390000

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

$118

$108

$94

$78