The following information relates to labor for Sandhill Appliance Repair Shop. Repair-technicians' wages Fringe benefits Overhead The desired profit margin per hour is $22. The material loading charge is 60% of invoice cost. Sandhill estimates that 5,800 labor hours will be worked next year. If Sandhill repairs a dishwasher that takes 1.2 hours to repair and uses parts that cost $90, compute the bill for the job. Total cost $133,400 58,000 87,000 $ SUPPORT

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following information relates to labor for Sandhill Appliance Repair Shop.
Repair-technicians' wages
Fringe benefits
Overhead
$133,400
58,000
Total cost
87,000
The desired profit margin per hour is $22. The material loading charge is 60% of invoice cost. Sandhill estimates that 5,800 labor hours
will be worked next year. If Sandhill repairs a dishwasher that takes 1.2 hours to repair and uses parts that cost $90, compute the bill
for the job.
SUPPORT
Transcribed Image Text:The following information relates to labor for Sandhill Appliance Repair Shop. Repair-technicians' wages Fringe benefits Overhead $133,400 58,000 Total cost 87,000 The desired profit margin per hour is $22. The material loading charge is 60% of invoice cost. Sandhill estimates that 5,800 labor hours will be worked next year. If Sandhill repairs a dishwasher that takes 1.2 hours to repair and uses parts that cost $90, compute the bill for the job. SUPPORT
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