Presented below are data for ProTech Appliance Repair Shop.
Repair-technicians’ wages ...... $120,000
Fringe benefits .......... 40,000
Overhead ............ 50,000
The desired profit margin per hour is $18. The material loading charge is 50% of invoice cost. ProTech estimates that 5,000 labor hours will be worked next year. If ProTech repairs a dishwasher that takes 1.5 hours to repair and uses parts of $80, compute the bill for the job.