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Business, 17.04.2020 23:41 ghanim1963

The following data is available for Wheels 'N Spokes Repair Shop for 2016:
Repair technicians' wages $360,000
Fringe benefits 80,000
Overhead 60,000
Total $500,000
The desired profit margin is $40 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5,000 labor hours will be worked in 2016. In January 2016, Wheels 'N Spokes repairs a bicycle that takes two hours to repair and uses parts of $180. The bill for this repair would be
A) $520.
B) $560.
C) $592.
D) $616.

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The following data is available for Wheels 'N Spokes Repair Shop for 2016:
Repair technicians'...
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