Presented below are data for Harmon Electrical Repair Shop for next year.

The desired profit margin per labor hour is $10. The material loading charge is 40% of invoice cost. Harmon estimates that 8,000 labor hours will be worked next year. If Harmon repairs a TV that takes 4 hours to repair and uses parts costing $50, compute the bill for this job.

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Repair-technicians' wages Fringe benefits Overhead $130,000 30,000 20,000