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Benson Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2011 is available for Benson. Time charges Material loading charges
Total budgeted costs 281,200 $75,500 The company desires a $35 profit margin per hour of labor and a 25% 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 2011 will be $400,000. 1. Compute the rate charged per hour of labor. 2.Compute the material loading percentage. 3. Sharrer Corporation has requested an estimate to rebuild its spot welder. Benson estimates that it would require 40 hours of labor and $2,500 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, e.g. 10.50. Use the rounded amounts from the previous questions when calculating the answer for this question.)
eagle airways company is planning a project that is expected to last for six years and generate annual net cash inflows
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If a check correctly written and paid by the bank for $428 is incorrectly recorded on the company's books for $482, the appropriate treatment on the bank reconciliation would be to:
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What would be the indifferent point?
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Wild's Flowers sells $400 of flowers for a wedding and the customer pays with a bank credit card (e.g., VISA). Wild's Flowers must pay 3% to the credit card company for credit card transactions.
tiger computers inc. of singapore is considering the purchase of an automated etching machine for use in the production
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