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Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $130,000 Fringe benefits 30,000 Overhead 70,000 The desired profit margin per
Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $130,000 Fringe benefits 30,000 Overhead 70,000 The desired profit margin per hour is $24. The material loading charge is 60% of invoice cost. Verde estimates that 5,000 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.5 hours to repair and uses parts of $80, compute the bill for the job
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