Use the following information for questions
The following data are available for Wheels 'N Spokes Repair Shop for 2012: 
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 2012.
-In January 2012, Wheels 'N Spokes repairs a bicycle that uses parts of $200.Its material loading charge on this repair would be
Definitions:
Business Cycle
The fluctuations in economic activity that an economy experiences over a period of time, characterized by periods of boom and recession.
Marginal Propensity
Marginal propensity, in economics, refers to the fraction of an increase in income that is spent on consumption. It represents the change in consumption resulting from a change in income.
Government Spending
This refers to the total expenditure by government agencies on goods, services, and public works.
Demand for Goods
The desire, willingness, and ability of consumers to purchase goods at a given price over a specific time period.
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