Your answer is incorrect. Try again. The following data is available for Coronado Repair Shop for 2016: Repair technicians' wages Fringe benefits Overhead Total $400000 70000 50000 $520000 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 2016. In January 2016, Coronado repairs a bicycle that uses parts of $220. Its material loading charge on this repair would be $88. O $132. $150. O $284