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Charlie Auto Repair has the following budgeted costs for the next year: Time Charges Material Charges Shop employees wages and benefits 120,000 - Parts managers

Charlie Auto Repair has the following budgeted costs for the next year:

Time Charges Material Charges

Shop employees wages and benefits 120,000 -

Parts managers salary and benefits - 45,000

Office employees salary and benefits 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

Charlie 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

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