Multiple Choice
The following data is available for Wheels 'N Spokes Repair Shop for 2013: 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.
Correct Answer:

Verified
Correct Answer:
Verified
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