Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs (a) Time Charges $234,300 Calculate the rate charged per hour of labour. Rate charged $ 49,700 21,300 $305,300 Material Loading Charges The company wants a $40 profit margin per hour of labour and a 30% profit margin on parts. It has budgeted for 7,100 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $358,000. per hour $34,905 14,320 19,690 $68,915

Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs (a) Time Charges $234,300 Calculate the rate charged per hour of labour. Rate charged $ 49,700 21,300 $305,300 Material Loading Charges The company wants a $40 profit margin per hour of labour and a 30% profit margin on parts. It has budgeted for 7,100 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $358,000. per hour $34,905 14,320 19,690 $68,915

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Description: Please do not give solution in image format and show all calculation thanku Technicians' wages and benefitsParts manager's salary and benefitsOffice employee's salary and benefitsOther overheadTotal budgeted costs(a)Time Charges$234,300Calculate the

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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