. Use the following information: The following data are available for Wheels 'N Spokes Repair Shop for 2016: Repair technician's wages Fringe benefits Overhead Total 150,000 50,000 80,000 $280,000 The desired profit margin is $15 per labour hour. The material loading charge is 35% of invoice cost. It is estimated that 4,000 labour hours will be worked in 2016. Wheels 'N Spokes' labour charge in 2016 would be