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Jaycee Auto Repair Has the Following Budgeted Costs for the Next

Question 35

Multiple Choice

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}{lcc}&\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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