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The following information relates to labor for Sheridan Appliance Repair Shop. Repair - technicians' wages $ 1 1 0 , 0 0 0 Fringe benefits

The following information relates to labor for Sheridan Appliance Repair Shop.
Repair-technicians' wages $110,000
Fringe benefits
26,400
Overhead
48,400
The desired profit margin per hour is $28. The material loading charge is 60% of invoice cost. Sheridan estimates that 4,400 labor hours will be worked next year. If Sheridan repairs a dishwasher that takes 1.5 hours to repair and uses parts that cost $80, compute the bill for the job.
Total cost
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