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 |
1 | ||
Budgeted cost per labor hour | 42.00 | =(110000+26400+48400)/4400 |
Add: Profit margin | 28.00 | |
Labor rate | 70.00 | |
Labor charges | 105.00 | =1.5*70 |
Materials parts | 80.00 | |
Material loading charges | 48.00 | =80*60% |
Total cost | 233.00 | |
2 | ||
Budgeted cost per labor hour | 40.00 | =(110400+23000+50600)/4600 |
Add: Profit margin | 20.00 | |
Labor rate | 60.00 | |
Labor charges | 78.00 | =1.3*60 |
Materials parts | 60.00 | |
Material loading charges | 36.00 | =60*60% |
Total cost | 174.00 |
Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $110,000 Fringe...
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
Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages Fringe benefits Overhead $119,228 34,112 51,332 The and desired profit margin per hour is $16.54. 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 1.3 hours to repair uses parts of $72.53, compute the bill for the job. (Round answer to 2 decimal places, e.g. 10.50.) Total cost
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