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Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $142,800 Fringe benefits 35,700 Overhead 71,400 The desired profit margin per
Presented below are data relating to labor for Verde Appliance Repair Shop.
Repair-technicians' wages | $142,800 | |
Fringe benefits | 35,700 | |
Overhead | 71,400 |
The desired profit margin per hour is $21. The material loading charge is 60% of invoice cost. Verde estimates that 5,100 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.4 hours to repair and uses parts of $70, compute the bill for the job.
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