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The following data related to labor is available for Waterway Repair Shop for 2019: $460000 Repair technicians' wages Fringe benefits Overhead Total 80000 60000 $600000

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The following data related to labor is available for Waterway Repair Shop for 2019: $460000 Repair technicians' wages Fringe benefits Overhead Total 80000 60000 $600000 The desired profit margin is $46 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019. Waterway' labor charge per hour in 2019 would be $138. O $166. O $154. O $120

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