Question
Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $80,000 Fringe benefits 20,000 Overhead 40,000 The desired profit margin per
Presented below are data relating to labor for Verde Appliance Repair Shop.
| Repair-technicians' wages | $80,000 | |
|---|---|---|
| Fringe benefits | 20,000 | |
| Overhead | 40,000 |
The desired profit margin per hour is $15. The material loading charge is 60% of invoice cost. Verde estimates that 4,000 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.2 hours to repair and uses parts of $60, compute the bill for the job.
| Total cost | $enter the total cost in dollars |
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald W. Hilton
9th edition
78110912, 978-0078110917
