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The following data related to labor is available for Sheridan Repair Shop for 2019: $380000 Repair technicians' wages Fringe benefits Overhead Total 85000 65000 $530000

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The following data related to labor is available for Sheridan Repair Shop for 2019: $380000 Repair technicians' wages Fringe benefits Overhead Total 85000 65000 $530000 The desired profit margin is $42 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019. Sheridan' labor charge per hour in 2019 would be $118. $148. $135. $106

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