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Can someone check my answers, please? Use the following information for the next three questions. 1. Jaycee Auto Repair has the following budgeted costs for

Can someone check my answers, please?

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Use the following information for the next three questions. 1. Jaycee Auto Repair has the following budgeted costs for the next year: Time Charges Material Charges Shop employees\" wages and benets $120,000 $ - Parts manager's salary and benets - 45,000 Office employee's salary and benets 30,000 15,000 Other overhead 15,000 40,000 Invoice cost of parts and materials - 400 000 Total budgeted costs $165,000 $500,000 The labor rate to be used next year assuming 7,500 hours of repair time and a prot margin of $25 per labor hour i_s 4T 2. The material loading charge to be used next year assuming a 40% markup on material cost is 65 \"A: 3. Jaycee estimates that the repairs to a Cadillac Escalade damaged in an accident will take 45 hours of labor and $3,500 in parts and materials. The total cost of the repairs is 7,390

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