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Business · Accounting
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2. (12 Points such as bulldozers It g, is a that repairs and rebuilds heavy operating equipment. 2017. and heavy company The tractors. F is eost data for the company for the year of company follows a and material pricing model. Material Mechanics wages (including benefits costs) 420.000 Purchasi Sing managers salary and benefits Office staff salary and benefits overhead costs 65,000 20,000 Total budgeted costs. 15,000 $455,000 The company is budgeting 11,000 repair hours and s325,000 of parts purchases for 2017. In addition company is targeting a $25.00 profit margin per hour on repair time and a 20% profit margin on part Required: (Show computations for all answers. a) (4 points) Compute the rate charged per hour ofiabor. c) (4 points) Roadway Construction has requested an estimate to repair their bulldozer. Keep lt has estimated that the job will require 25 hours of labor and $1,500 of parts. Compute the total bill
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