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Swifty Appliances | ||
Calculation of cost per hour | Note | |
Repair technician wages | 153,700.00 | |
Fringe Benefits | 47,700.00 | |
Overhead | 58,300.00 | |
Total cost | 259,700.00 | A |
Estimated labor hours | 5,300.00 | B |
Cost per labor hour | 49.00 | C=A/B |
Calculation of bill value of job | ||
Repair hours | 1.20 | D |
Cost per labor hour | 49.00 | See C |
Cost of Repair | 58.80 | E=D*C |
Cost of material used | 90.00 | F |
Total cost of job | 148.80 | G=E+F |
Repair hours | 1.20 | See D |
Profit margin per hour | 21.00 | H |
Profit margin on labor cost | 25.20 | I=D*H |
Cost of material used | 90.00 | See F |
Material loading charge | 60% | J |
Profit margin on material used | 54.00 | K=F*J |
Bill value of job | Amount $ | |
Total cost of job | 148.80 | See G |
Profit margin on labor cost | 25.20 | See I |
Profit margin on material used | 54.00 | See K |
Bill value of job | 228.00 | L=G+I+K |
Presented below are data relating to labor for Swifty Appliance Repair Shop. Repair-technicians' wages $153,700 Fringe...
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