Question: Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $110,000 Fringe benefits 40,000 Overhead 50,000 The desired profit margin per

Presented below are data relating to labor for Verde Appliance Repair Shop.

Repair-technicians' wages $110,000

Fringe benefits 40,000

Overhead 50,000

The desired profit margin per hour is $20. The material loading charge is 60% of invoice cost. Verde estimates that5,000labor hours will be worked next year. If Verde repairs a dishwasher that takes1.5hours to repair and uses parts of $70, compute the bill for the job.

Total cost$

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