company desires a $39 profit margin per hour of labor and a 27% profit margin on parts. It has budgeted for 7,400 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2022 will be $392,000.
The company desires a $39 profit margin per hour of labor and a 27% profit margin on parts. It has budgeted for 7,400 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2022 will be $392,000. * Your answer is incorrect. Compute the rate charged per hour of labor. Labor rate $ eTextbook and Media Your answer is correct.. 35 Material loading percentage per hour Compute the material loading percentage. (Round answer to 3 decimal places, e.g. 10.501%) 44.5 %
Your answer is correct. Compute the material loading percentage. (Round answer to 3 decimal places, e.g. 10.501%) Material loading percentage eTextbook and Media x Your answer is incorrect. Pace Corporation has requested an estimate to rebuild its spot welder. Flint estimates that it would require 38 hours of labor and $2,000 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, e.g. 10.50.) Total estimated bill 44.5 % 4220
Flint Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Flint. Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits. Other overhead Total budgeted costs Time Charges $192,400 51,800 14,800 $259,000 Material Loading Charges $39,600 9,400 19,600 $68,600 The Flint Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Flint.
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