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Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $118,900 Fringe benefits 32,800 Overhead 53,300 The desired profit margin per

Presented below are data relating to labor for Verde Appliance Repair Shop.

Repair-technicians' wages $118,900
Fringe benefits 32,800
Overhead 53,300

The desired profit margin per hour is $20. The material loading charge is 60% of invoice cost. Verde estimates that 4,100 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.3 hours to repair and uses parts of $70, compute the bill for the job.

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