Question

Do It! Review 22-3 x Your answer is incorrect. Try again. Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages Fringe benefits Overhead $142,851 38,046 71,094 The desired profit margin per hour is $18.95. The material loading charge is 60% of invoice cost. Verde estimates that 5,100 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.4 hours to repair and uses parts of $74.06, compute the bill for the job. (Round answer to 2 decimal places, e.g. 10.50.) Total cost 214.14 SHOW SOLUTION LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 1 of 2 used SAVE FOR LATER SUBMIT ANSWER

Answer 1

ДА В repair-technicians' wages fringe benefits overhead total labor cost total labor hours labor cost per hour desired profit per hour labor rate per hour to be charged $ 142,851 $ 38,046 $ 71,094 $ 251,991 5,100 $49.41 $18.95 $68.36 = + computation of bill for th job cost of parts used $ 74.06 material loading charge $44.44 labor cost $95.70 total cost $ 214.20

for formulas and calculations, refer to the image below -

repair-technicians' wages 142851 fringe benefits 38046 overhead 71094 total labor cost |=SUM(D2:04) total labor hours 5100 labor cost per hour |=D5/D6 desired profit per hour 18.95 = labor rate per hour to be charged =D7+D8 + computation of bill for th job cost of parts used 74.06 material loading charge =D12*60% labor cost =D9*1.4 total cost =SUM(D12:014) + 1

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