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Wasson's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows. Time Charges $264,000 Material Loading Charges $82,140

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Wasson's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows. Time Charges $264,000 Material Loading Charges $82,140 Restorers' wages and fringe benefits Purchasing agent's salary and fringe benefits Administrative salaries and fringe benefits Other overhead costs Total budgeted costs 60,000 21,700 12,000 77,880 $336,000 $181.720 The company anticipated that the restorers would work a total of 12,000 hours this year. Expected parts and materials were $1,298,000 In late January, the company experienced a fire in its facilities that destroyed most of the accounting records. The accountant remembers that the hourly labor rate was $68 and that the material loading charge was 83%. (c) Determine the total price of labor and materials on a job that was completed after the fire that required 146 hours of labor and $64,600 in parts and materials. Total price $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit

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