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The following data is available for Vaughn Repair Shop for 2019: Repair technicians wages Fringe benefits Overhead Total $400000 90000 70000 $560000 The desired profit
The following data is available for Vaughn Repair Shop for 2019: Repair technicians wages Fringe benefits Overhead Total $400000 90000 70000 $560000 The desired profit marginis $46 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. Vaughn repairs a bicycle that takes two hours to repair and uses parts of $320. The bill for this repair would be $764 $636 $682 $716
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