Question: Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $110,000 Fringe benefits 26,400 Overhead 48,400 The desired profit margin per
Presented below are data relating to labor for Verde 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. Verde estimates that 4,400 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.5 hours to repair and uses parts of $80, compute the bill for the job.
| Total cost | $ |
Presented below are data relating to labor for Verde Appliance Repair Shop.
| Repair-technicians' wages | $110,400 | |
|---|---|---|
| Fringe benefits | 23,000 | |
| Overhead | 50,600 |
The desired profit margin per hour is $20. The material loading charge is 60% of invoice cost. Verde estimates that 4,600 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.3 hours to repair and uses parts of $60, compute the bill for the job.
| Total cost | $enter the total cost in dollars |
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