You own a workshop that produces custom handmade frames for diplomas. You are negotiating a contract with Loyola to sell the frames at the bookstore. Loyola decided to offer a trial contract where they will stock 20 frames at the bookstore. You estimate that the material costs for each frame is $15. You also estimate that it takes your employee 10 labor hours to produce the first frame. You pay your employee $25 per hour. Based on your observations, you noticed that your employee is on an 85% learning curve.

What is the lowest total bid you should submit if you charge a 19% markup, if you account for learning curve?

I need typed answer