Question: Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $125,055 Fringe benefits 44,820 Overhead 53,550 The desired profit margin per
Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $125,055 Fringe benefits 44,820 Overhead 53,550 The desired profit margin per hour is $18.46. The material loading charge is 60% of invoice cost. Verde estimates that 4,500 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.4 hours to repair and uses parts of $73.41, compute the bill for the job. (Round answer to 2 decimal places, e.g. 10.50.)
Total cost = $__________
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
