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Question 13 of 25 -/1 View Policies Current Attempt in Progress The following data related to labor is available for Sheffield Repair Shop for 2019:

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Question 13 of 25 -/1 View Policies Current Attempt in Progress The following data related to labor is available for Sheffield Repair Shop for 2019: Repair technicians wages Fringe benefits Overhead Total $460000 70000 50000 $580000 The desired profit margin is $44 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019. Sheffield labor charge per hour in 2019 would be $136. $160. $116. $150

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