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P8-3A Dave's Electronic Repair Shop has budgeted the following time and material for 2011. DAVE'S ELECTRONIC REPAIR SHOP Budgeted Costs for the Year 2011 Material

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P8-3A Dave's Electronic Repair Shop has budgeted the following time and material for 2011. DAVE'S ELECTRONIC REPAIR SHOP Budgeted Costs for the Year 2011 Material Time Loading Charges Charges Shop employees' wages and benefits $108,000 Parts manager's salary and benefits $25,400 Office employee's salary and benefits 20,000 13,600 overhead (supplies, depreciation, advertising, utilities) 26,000 18,000 Total budgeted costs $154,000 $57,000

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