Presented below are data relating to labor for Verde Appliance
Repair Shop.
Repair-technicians' wages | $127500 | |
Fringe benefits | 40800 | |
Overhead | 66300 |
The desired profit margin per hour is $14. The material loading
charge is 60% of invoice cost. Verde estimates that 5100 labor
hours will be worked next year. If Verde repairs a dishwasher that
takes 1.2 hours to repair and uses parts of $80, compute the bill
for the job.
Total cost |
$ CSLO-C08-ADI08-3 |
Total cost | Total hours | Per hour charge | |
Repair-technicians' wages | $127500 | 5100 | $25 |
Fringe benefits | 40800 | 5100 | 8 |
Overhead | 66300 | 5100 | 13 |
Total | $234,600 | $46 |
Rate charged per hour of labor = $46 + 14 = $60
Material cost: | ||
Part used | $80 | |
Material loading charges ($80 x 60%) | 48 | $128 |
Labor cost (60*1.2) | 72 | |
Total bill | $200 |
Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $127500 Fringe...
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...
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