Use the Following Information for Questions
the Following Data

question 29

Multiple Choice

Use the following information for questions
The following data are available for Wheels 'N Spokes Repair Shop for 2020:
$$\begin{array} { l l } \text { Repair technician's wages } & \$ 150,000 \\\text { Fringe benefits } & 50,000 \\\text { Overhead } & \underline { 80,000 } \\\text { Total } & \underline { \$ 280,000}\end{array}$$ The desired profit margin is $15 per labour hour.The material loading charge is 35% of invoice cost.It is estimated that 4,000 labour hours will be worked in 2020.
-In March 2020, Wheels 'N Spokes repairs a bicycle that takes three hours to repair and uses parts of $70.The bill for this repair would be

• A)$244.50.
• B)$289.50.
• C)$304.50.
• D)$349.50.

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Definitions:

Simple Tasks

Simple tasks are activities or assignments that require a minimal level of skill, effort, or complexity to complete, often used in psychological experiments to assess basic cognitive functions.

Production Blocking

Reduction in individual creativity and productivity in brainstorming groups due to interruptions and turn-taking.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group compared to when they work alone.

Evaluation Apprehension

Evaluation apprehension is the anxiety or concern individuals may feel when they believe they are being judged or evaluated by others, affecting performance and behavior.