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The following data is available for Crane Repair Shop for 2022 : The desired profit margin is $30 per labor hour. The material loading charge
The following data is available for Crane Repair Shop for 2022 : 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 2022. In March 2022, Crane repairs a bicycle that takes two hours to repair and uses parts of $140. The bill for this repair would be $388.00.$418.00$457.20$444.00 Sheridan Company makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: Expenses are paid in the month incurred. If the company has budgeted sales of 8500 umbrellas in October, what is the total budgeted variable selling and administrative expenses for October? $18700$8900$90600$22100
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