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How material loading charge on therepair would be

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Reference no: EM132481249

The following data are available for Wheels 'N Spokes Repair Shop for 2020:

Repair technician's wages        $230000

Fringe benefits                         60000

Overhead                                85000

Total                                    $375000

Question 1: The desired profit margin is $19per labour hour. The material loading charge is 40% of invoice cost. It is estimated that 5000 labour hours will be worked in 2020. In January 2020, Wheels 'N Spokes repairs a bicycle that uses parts of $250. Its material loading charge on this repair would be

Option a. $50.

Option b. $100.

Option c. $300.

Option d. $350.

Reference no: EM132481249

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