Swifty Custom Electronics (SCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material pricing. The following budgeted cost data are available.

Time Material

Charges Loading

Charges

Technicians' wages and benefits $156,600 -

Parts manager's salary and benefits - $33,100

Office employee's salary and benefits 24,360 18,420

Other overhead 12,180 44,160

Total budgeted costs $193,140 $95,680

The company has budgeted for 5,800 hours of technician time during the coming year. It desires a $37 profit margin per hour of labor and an 80% profit on parts. It estimates the total invoice cost of parts and materials in 2020 will be $736,000.

RCE has just received a request for a bid from Buil Builders on a $1,224,000 new home. The company estimates that it would require 80 hours of labor and $36,200 of parts.

Compute the total estimated bill.