Bakers corporation has asked for an estimate on rebuilding

Reference no: EM13486128

Louise Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2012 are available for Padong:

	Time Charges	Material Loading Charges
Technicians' wages and benefits	$243,200
Parts manager's salary and benefits		$40,850
Office employee's salary and benefits	60,800	16,150
Other overhead	30,400	21,850
Total budgeted costs	$334,400	$78,850

The company wants a $36 profit margin per hour of labour and a 29% profit margin on parts. It has budgeted for 7,600 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2012 will be $380,000.

Bakers Corporation has asked for an estimate on rebuilding its spot welder. Louise estimates that it would require 39 hours of labour and $3,500 in parts. Calculate the total estimated bill.

Reference no: EM13486128

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