The Following Data Is Available for Wheels 'N Spokes Repair

question 41

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 January 2013, Wheels 'N Spokes repairs a bicycle that uses parts of $180.Its material loading charge on this repair would be

• A)$72.
• B)$108.
• C)$180.
• D)$252.

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Definitions:

Anatomy

The branch of science concerned with the bodily structure of humans, animals, and other living organisms.

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Dead human bodies that are used in scientific or medical research, especially for the purpose of study, training, or testing.

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The use of computer technologies to create a simulated environment for training, research, or educational purposes.

Christine Montross

An author and medical doctor known for her work and writing in the field of psychiatry, and for exploring mental health, incarceration, and the human body in her books.