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The following data are available for Carla Vista Repair Shop for 2022: Repair technician's wages $202000 Fringe benefits 68000 Overhead 80000 Total $350000 The desired
The following data are available for Carla Vista Repair Shop for 2022:
Repair technician's wages | $202000 |
Fringe benefits | 68000 |
Overhead | 80000 |
Total | $350000 |
The desired profit margin is $13 per labour hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labour hours will be worked in 2020. In March 2022, Carla Vista repairs a bicycle that takes three hours to repair and uses parts of $70. The bill for this repair would be
$295.00.
$308.00.
$256.00.
$347.00.
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