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The following data are available for Sheridan Repair Shop for 2022: Repair technician's wages Fringe benefits Overhead Total $180000 55000 90000 $325000 The desired profit
The following data are available for Sheridan Repair Shop for 2022: Repair technician's wages Fringe benefits Overhead Total $180000 55000 90000 $325000 The desired profit margin is $17 per labour hour. The material loading charge is 35% of invoice cost. It is estimated that 5000 labour hours will be worked in 2020. In March 2022, Sheridan repairs a bicycle. that takes three hours to repair and uses parts of $65. The bill for this repair would be O $214.75. O $333.75. O $282.75. O $265.75
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