The following data is available for Sunland Repair Shop for 2019: Repair technicians wages $370000...
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Accounting
The following data is available for Sunland Repair Shop for 2019: Repair technicians wages $370000 Fringe benefits 84000 Overhead 66000 Total $520000 The desired profit margin is $48 per labor hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labor hours will be worked in 2019. In March 2019, Sunland repairs a bicycle that takes two hours to repair and uses parts of $280. The bill for this repair would be $584. $632. $696. $658.
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