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Use the Following Information for Questions -Jaycee Estimates That the Repairs to a Cadillac Escalade Damaged

Question 51

Multiple Choice

Use the following information for questions .
Jaycee Auto Repair has the following budgeted costs for the next year:  Time Charges Material Charges  Shop employees’ wages and benefits $120,000$ Parts manager’s salary and benefits 45,000 Office employee’s salary and benefits 30,00015,000 Other overhead 15,00040,000 Invoice cost of parts and materials 400,000 Total budgeted costs $165,000$500,000\begin{array}{lcr}&\text { Time Charges}&\text { Material Charges }\\\text { Shop employees' wages and benefits } & \$ 120,000 & \$ \\\text { Parts manager's salary and benefits } & - & 45,000 \\\text { Office employee's salary and benefits } & 30,000 & 15,000 \\\text { Other overhead } & 15,000 & 40,000 \\\text { Invoice cost of parts and materials } & - & 400,000\\\text { Total budgeted costs }&\$165,000&\$500,000\end{array}
-Jaycee estimates that the repairs to a Cadillac Escalade damaged in an accident will take 45 hours of labor and $3,500 in parts and materials. The total cost of the repairs is


A) $5,890.
B) $7,890.
C) $5,775.
D) $7,015.

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