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having trouble with study question The following data is available for Mayco for 2019: Repair technicians' wages $360,000 Fringe benefits 80,000 Overhead 60,000 Total $500,000

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The following data is available for Mayco for 2019: Repair technicians' wages $360,000 Fringe benefits 80,000 Overhead 60,000 Total $500,000 The desired profit margin is $30 per labor hour. The material loading charge is 30% of invoice cost. It is estimated that 5,000 labo hours will be worked in 2019. In March 2019, Mayco repairs a bicycle that takes two hours to repair. The labor bill for this repair would be $616 $260 $520 $240

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