Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data related to labor is available for Marigold Repair Shop for 2019: Repair technicians wages $260000 Fringe benefits Overhead 80000 60000 $400000 Total

image text in transcribed
The following data related to labor is available for Marigold Repair Shop for 2019: Repair technicians wages $260000 Fringe benefits Overhead 80000 60000 $400000 Total The desired profit margin is $50 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019 Marigold labor charge per hour in 2019 would be O $102 $118 $80 $130

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What is meant by planning or define planning?

Answered: 1 week ago

Question

Define span of management or define span of control ?

Answered: 1 week ago

Question

What is meant by formal organisation ?

Answered: 1 week ago

Question

What is meant by staff authority ?

Answered: 1 week ago