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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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