Second Chance Welding Rebuilds Spot Welders For Manufacturers The Following Budgeted Cost Data For 2020 Is Available Fo 1 (26.32 KiB) Viewed 10 times
Second Chance Welding Rebuilds Spot Welders For Manufacturers The Following Budgeted Cost Data For 2020 Is Available Fo 2 (12.78 KiB) Viewed 10 times
Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second Chance. Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs Time Charges $266,000 45,600 22,800 $334,400 Material Loading Charges $40,000 10,500 28,000 $78,500 The company desires a $35 profit margin per hour of labor and a 26.00% profit margin on parts. It has budgeted for 7,600 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2020 will be $400,000.
(a) x Your answer is incorrect. Compute the rate charged per hour of labor. Labor rate. $ 10.60 per hour
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