Question 44 Jaycee Auto Repair has the following budgeted costs for the next year: Time Charges Material Charges Shop employees wages and benefits $120,000 $- Parts managers salary and benefits - 45,000 Office employees salary and benefits 30,000 15,000 Other overhead 15,000 40,000 Invoice cost of parts and materials - 400,000 Total budgeted costs $165,000 $500,000 The materials loading charge is 65% and the labor charge per hour is $47. Jaycee estimates that the repairs to a Cadillac Escalade damaged in an accident will take 45 hours of labor and $3,500 in parts and materials. The total cost of the repairs is $5,890. $7,015. $5,775. $7,890.

Question 44 Jaycee Auto Repair has the following budgeted costs for the next year: Material Charges Time Charges $120,000 $- Shop employees' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Invoice cost of parts and materials Total budgeted costs 30,000 15,000 45,000 15,000 40,000 400,000 $500,000 $165,000 The materials loading charge is 65% and the labor charge per hour is $47. Jaycee estimates that the repairs to a Cadillac Escalade damaged in an accident will take 45 hours of labor and $3,500 in parts and materials. The total cost of the repairs is O $5,890. 0 $7,015. O $5,775. O $7,890