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Compute the bill for the job

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Reference no: EM132514672

Presented below are data relating to labor for Verde Appliance Repair Shop.

Repair-technicians' wages $110,000

Fringe benefits 40,000

Overhead 50,000

Question 1: The desired profit margin per hour is $20. The material loading charge is 60% of invoice cost. Verde estimates that 5,000 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.5 hours to repair and uses parts of $70, compute the bill for the job.

Reference no: EM132514672

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