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Part B A garage bought a lorry for 20,000 some time ago. It now requires a engine costing 5,000 that will take 40 hours to

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Part B A garage bought a lorry for 20,000 some time ago. It now requires a engine costing 5,000 that will take 40 hours to fit. The tech is usually costed at 30 per hour to fit an engine but t short of work and the garage is already paying them to retain their services. The lorry could be sold immediately, without any further work, for 16,000 You are required to: they are currently What is the minimum price the garage should charge for the lorry after the engine has been fitted? If the technicians are in fact quite busy and charged out (i.e. to customers) at 50 per hour, how would this information change your original assessment? are

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