Use the Following Information for Questions
the Following Data

question 52

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 January 2020, Wheels 'N Spokes repairs a bicycle that uses parts of $200.Its material loading charge on this repair would be

• A)$35.
• B)$70.
• C)$235.
• D)$270.

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Definitions:

Selling Office Furniture

The act of disposing or trading office furniture, typically to acquire newer items, manage space, or liquidate assets.

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Financial Data

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Analytical Measures

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