Wasson's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows. Time Charges $233,100 Material Loading Charges Restorers' wages and fringe benefits Purchasing agent's salary and fringe benefits Administrative salaries and fringe benefits Other overhead costs Total budgeted costs 55,500 22,200 $. 310,800 $ 67,990 20,700 76,020 $. 164,710 The company anticipated that the restorers would work a total of 11,100 hours this year. Expected parts and materials were$1,267,000 In late January, the company experienced a fire in its facilities that destroyed most of the accounting records. The accountant remembers that the hourly labor rate was$ 71 and that the material loading charge was 83%