Question
Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $162,400 Fringe benefits 44,800 Overhead 84,000 The desired profit margin per
Presented below are data relating to labor for Verde Appliance Repair Shop.
| Repair-technicians' wages | $162,400 | |
|---|---|---|
| Fringe benefits | 44,800 | |
| Overhead | 84,000 |
The desired profit margin per hour is $18. The material loading charge is 60% of invoice cost. Verde estimates that 5,600 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.5 hours to repair and uses parts of $70, compute the bill for the job.
| Total cost | $enter the total cost in dollars |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
EAuditing Fundamentals Virtual Communication And Remote Auditing
Authors: J.P. Russell, Shauna Wilson
1st Edition
0873898486, 978-0873898485
