Gator Car Repair specializes in repairing rental cars. The company uses a 50 percent markup rate on parts to cover parts-related overhead costs and profit

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Gator Car Repair specializes in repairing rental cars. The company uses a 50 percent markup rate on parts to cover parts-related overhead costs and profit margin. It uses a 100 percent markup rate on labor to cover labor related overhead costs and profit margin. Compute the bill for a recent job that used the following parts and labor:

Material and repair parts used .........$600

Labor used 5 hours at ............. $40 per hour