Use the Following Information for Questions
the Following Data

question 71

Multiple Choice

Use the following information for questions
The following data are available for Wheels 'N Spokes Repair Shop for 2016: $$\begin{array} { l r } \text { Repair technician's wages } & \$ 150,000 \\\text { Fringe benefits } & 50,000 \\\text { Overhead } & { 80,000 } \\\text { Total } & \$ 280,000\end{array}$$ 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 2016.
-Wheels 'N Spokes' labour charge in 2016 would be

• A)$50.
• B)$65.
• C)$70.
• D)$85.

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Definitions:

Subordinate Wants

The desires or needs of lower-ranking individuals in an organizational or hierarchical structure.

Overloaded

The state of having more work or responsibilities than one can manage comfortably or within the given time frame.

Competent

Describes an individual or entity that possesses the required skill, knowledge, qualification, or capacity to perform a designated duty or role.

Cultural Values

The core principles and ideals that are shared by a community and guide behaviors and beliefs.