computation of material loading charge Material Material Loading Total Invoice Cost. Loading Charges = Parts...
60.1K
Verified Solution
Question
Accounting
computation of material loading charge Material Material Loading Total Invoice Cost. Loading Charges = Parts and Materials = Percentage Overhead costs Parts manager's salary and benefits Office employee's salary and benefits $25,400 Other overhead Total 13,600 39.000 16.000 $55,000 = $100,000 100.000 100,000 Profit margin Material loading percentage (($25,400 + $13,600) = $100,000) + ($16,000 = $100,000) + 25% = 80%] [(Parts mgr.'s sal. & bene. + Off. emp. sal. & bene.) = Tot. cost parts & mat.) + (Other OH - Tot cost parts & mat.) + Profit margin = Mat. loading %] 39% 16% 55% 25% 80%
Material
Material
Loading
Total Invoice Cost.
Loading
Charges = Parts and Materials = Percentage
Overhead costs
Parts manager's salary
and benefits
Office employee's salary
and benefits
$25,400
Other overhead
Total
13,600
39.000
16.000
$55,000
=
$100,000
100.000
100,000
Profit margin
Material loading percentage
(($25,400 + $13,600) = $100,000) + ($16,000 = $100,000) + 25% = 80%]
[(Parts mgr.'s sal. & bene. + Off. emp. sal. & bene.) = Tot. cost parts & mat.) + (Other OH - Tot cost
parts & mat.) + Profit margin = Mat. loading %]
39%
16%
55%
25%
80%
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.