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Dolce Co. estimates its salos at 180,000 units in the first quarter and that sales will increase by 18,000 units each quarter over the year.

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Dolce Co. estimates its salos at 180,000 units in the first quarter and that sales will increase by 18,000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25. 40% of the sales are for cash. 70% of the eredit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at Use the following information for question 24-25: The following data is available for Wheels 'N Spokes Repair Shop for 2016: Repair technicians' wages $360,000 Fringe benefits 80.000 Overhead 60.000 Total $500.000 The desired profit margin is $40 per labor hour. The material loading charge is 40% cost. It is estimated that 5,000 labor hours will be worked in 2016. Question 24 Wheels 'N Spokes' labor charge per hour in 2016 would be a. $100. b. $112. c. $128. d. $140. Question 25 In January 2016, Wheels 'N Spokes repairs a bicycle that uses parts of $180. Its material loading charge on this repair would be a. $72. b. $108. c. $180. d. $252

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