Question

Question 23 (2.5 points) Silver Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 20X9: Time Material Charges Charges Technicians' wages and benefits $500,000 Parts manager's salary and benefits $72000 Office manager's salary and benefits 112.000 18.000 Other overhead 48.000 135,000 Total budgeted costs $600.000 $225,000 Silver Spoon has budgeted for 10.000 hours of technician time during the coming year it desires a $54 profit margin per hour of labor and a 40% profit margin on parts Silver Spoon estimates the total invoice cost of parts and materials in 20x9 will be $500,000. What is the labor rate charge per hour? O54 66 120 22.5

Answer 1

PGO Answer: The labowo mate change, per hour : =(4660,000 10,00 )+$54 = $66 +54 {$180 . option is correct anewes By Total estimated filled = (20 xiao) +2000 +(8000 xest:) = 2,400+8000 +680 C: 295,00/500,000)+40 17200) =85). Wor ; . option is corrcet ancos