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

The desired profit margin per hour is $23.75 The material loading charge is 60% of invoice cost Verde estimates that 4,100 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.2 hours to repair and uses parts of 60.29, compute the bill for the job. (Round answer to 2 decimal places eg 10.50).

Total Cost: $____________

Transcribed Image Text:

Repair-technicians' wages $119,228 34,112 Fringe benefits Overhead 51,332 Repair-technicians' wages $119,228 34,112 Fringe benefits Overhead 51,332

Answer rating: 100% (QA)

Let us first calculate the expenses per labor hour Rep... View the full answer