Question $2$

$1\mathrm{.}25$ pts

Crescent Electrical Repair has decided to price its work on a time$-$and$-$material basis. It estimates the following costs for the year related to labor.

Technician wages and benefits

Office employee's salary and benefits

Other overhead

$$100,000$

$$40,000$

$$80,000$

Crescent desires a profit margin of $$10$ per labor hour and budgets $5,000$ hours of repair time for the year. The office employee's salary, benefits and other overhead costs should be divided evenly between time charges and material loading charges. Crescent labor charge per hour would be:

$$42$

$$30$

$$32$

$$34$