The Following Data Is Available for Wheels 'N Spokes Repair

question 81

Multiple Choice

The following data is available for Wheels 'N Spokes Repair Shop for 2013: $$\begin{array} { l r } \text { Repair technicians' wages } & \$ 360,000 \\\text { Fringe benefits } & 80,000 \\\text { Overhead } & 60,000 \\\text { Total } & \$ 500,000\end{array}$$ The desired profit margin is $40 per labor hour.The material loading charge is 40% of invoice cost.It is estimated that 5,000 labor hours will be worked in 2013.
-In March 2013, Wheels 'N Spokes repairs a bicycle that takes two hours to repair and uses parts of $240.The bill for this repair would be

• A)$520.
• B)$560.
• C)$592.
• D)$616.

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Definitions:

Prenuptial Agreements

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Financial Arrangements

Agreements or plans made to handle financial transactions, responsibilities, or investments.

Couple's

Pertaining to a pair of individuals who are in a romantic or committed relationship with each other.

Fair Fighting

A set of guidelines designed to help individuals resolve conflicts in a healthy and constructive manner, without harm.