Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information relates to labor for Flint Appliance Repair Shop. Repair-technicians' wages Fringe benefits Overhead Total cost $124,700 $ 34,400 The desired profit margin

The following information relates to labor for Flint Appliance Repair Shop. Repair-technicians' wages Fringe benefits Overhead Total cost $124,700 $ 34,400 The desired profit margin per hour is $28. The material loading charge is 60% of invoice cost. Flint estimates that 4,300 labor hours will be worked next year. If Flint repairs a dishwasher that takes 1.4 hours to repair and uses parts that cost $70, compute the bill for the job. 64,500
image text in transcribed
The following information relates to labor for Flint Appliance Repair Shop. The desired profit margin per hour is $28. The material loading charge is 60% of invoice cost. Flint estimates that 4,300 labor hours will be worked next year. If Flint repairs a dishwasher that takes 1.4 hours to repair and uses parts that cost $70, compute the bill for the job. Totalcost

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Is conflict always unhealthy? Why or why not? (Objective 4)

Answered: 1 week ago