Use the Following Information for Questions

question 9

Multiple Choice

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 March 2012, 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:

Cooperative

Involving mutual assistance in working toward a common goal, emphasizing teamwork and collaboration.

Team Oriented

A mindset or approach that prioritizes collaboration and collective effort towards achieving a common goal.

Barriers

Obstacles that hinder progress or prevent the achievement of goals.

Effective Communication

The ability to convey information to others successfully and efficiently, ensuring mutual understanding.