Question
John's Car Care Centre specializes in providing car tune-ups, brake jobs, and tire replacements for most vehicle makes and models. John's charges customers for materials
John's Car Care Centre specializes in providing car tune-ups, brake jobs, and tire replacements for most vehicle makes and models. John's charges customers for materials "at cost" but charges labour at a rate of $88 per hour. The labour rate is high enough to cover actual mechanic wages ($27 per hour), and shop overhead (allocated at a cost of $14 per hour), and to provide a profit. Tony recently had a 75,000 km service performed on his SUV.
Materials used on the job included $13.50 for oil and filter, $69.45 for transmission fluid exchange, $22.00 for the air filter, and $33.75 for the cabin filter. The mechanic spent 1.75 hours on the job.
Requirements
1. How much was charged to the customer for this work?
2. What was John's cost for this job?
3. How much profit did John's earn on this job?
Requirement 1. How much was charged to the customer for this work? (Round your answers to the nearest cent.) Tony's Job Billed to customer Requirement 2. What was John's cost for this job? (Round your answers to the nearest cent.) Tony's Job Total job cost Requirement 3. How much profit did John's earn on this job? Identify the labels, then calculate the profit. (Round your answers to the nearest cent.) Tony's Job Less: Profit on job
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