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The following data is available for Crane Repair Shop for 2019: Repair technicians wages $260000 Fringe benefits 70000 Overhead 50000 Total $380000 The desired profit
The following data is available for Crane Repair Shop for 2019: Repair technicians wages $260000 Fringe benefits 70000 Overhead 50000 Total $380000 The desired profit margin is $30 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019. In March 2019, Crane repairs a bicycle that takes two hours to repair and uses parts of $140. The bill for this repair would be $352. $407. $408. $382.
Question 10 The following data is available for Crane Repair Shop for 2019: Repair technicians' wages Fringe benefits Overhead $260000 70000 50000 $380000 Total The desired profit margin is $30 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019. In March 2019, Crane repairs a bicycle that takes two hours to repair and uses parts of $140. The bill for this repair would be O $352. $407. O $408. O $382Step by Step Solution
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