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P & F Appliance provides repair services for all makes and models of home appliances. P& F Appliance charges customers for labor on each job
P & F Appliance provides repair services for all makes and models of home appliances. P& F Appliance charges customers for labor on each job at a rate of $79 per hour. The labor rate is high enough to cover actual technician wages of $19 per hour, to cover shop overhead (allocated at a cost of $22 per hour), and to provide a profit. The company charges the customer "at cost" for parts and materials. A recent customer job consisted of $46 in parts and materials and 5 hours of technician time. 1. What was P& F Appliance's cost for this job? Include shop overhead in the cost calculation. 2. How much was charged to the customer for this repair job? 1. What was P & F Appliance's cost for this job? Include shop overhead in the cost calculation. Shop overhead Total job cost
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