Financial budgets: wages and expense budgets Nathaniels Motor Shop does LOS major repair work on automobile engines. The major cost in the shop is the wages of the mechanics. The shop employs nine mechanics who are paid $750 for working a 40-hour week. The work week consists of five days of eight hours. Employees actually work seven hours each day, because they are given one hour of breaks each day. They are highly skilled and valued by their em¬ ployer so these mechanics are paid whether or not there is work available for them to do. They are also paid $30 for every overtime hour or partial overtime hour that they work.

The machine shop industry estimates that for every mechanic hour actually worked in a shop like this, the employee consumes about $25 of flexible sup¬ port items, such as lubricants, tool parts, and electricity.

The motor shop has estimated that the following work will be available each week during the next 10 weeks.

Develop a weekly budget of mechanic wages and flexible support costs.(LO 8)

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NATHANIEL'S MOTOR SHOP ESTIMATED WORK WEEK HOURS OF WORK WEEK HOURS OF WORK 1 255 6 280 2 330 7 260 3 300 8 300 4 285 9 340 5 325 10 355