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The following data is available for Crane Repair Shop for 2022: The desired profit margin is $48 per labor hour. The material loading charge is

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The following data is available for Crane Repair Shop for 2022: The desired profit margin is $48 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2022. In March 2022, Crane repairs a bicycle that takes two hours to repair and uses parts of $280. The bill for this repair would be $628.00$652.00$580.00$692.00

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