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The Following Data Is Available for Wheels 'N Spokes Repair

question 43

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The following data is available for Wheels 'N Spokes Repair Shop for 2013:  Repair technicians’ wages $360,000 Fringe benefits 80,000 Overhead 60,000 Total $500,000\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.
-Wheels 'N Spokes' labor charge in 2013 would be


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