Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. labor costs of an auto repair mechanic are seldom

Labor costs of an auto repair mechanic are seldom based on actual...

50.1K

Verified Solution

Question

Accounting

Labor costs of an auto repair mechanic are seldom based on actual hours worked. Instead, this labor cost is based on an industry average of time estimated to complete a repair job. This means a customer can pay, for example, $120 for two hours of work on a car when the actual time worked was only one hour. Many experienced mechanics can complete repair jobs faster than the industry average. Assume that you are asked to complete a survey on time spent to complete common repair jobs for a repair center. The survey calls for objective input, and many questions require detailed cost data and analysis. The mechanics and owners know you have the survey and encourage you to complete it in a way that increases the average billable hours for repair work.
Required:
Write a one-page memorandum to the mechanics and owners that describes the direct labor analysis you will undertake in completing this survey.

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Why is the basic purpose of Calculus?

Statistics
1.2K views

Specification for a medical device calls for a mean lifetime,  of more than 160 days. The manufacturer...

Advance Math
1.2K views

1. Determine the form of a particular solution for the following differential equations. (Do not evaluate...

Basic Math
1.2K views

Short answer A. What are two tests that are used to check for equal variance in two...

Physics
1.2K views

If I is the moment of inertia of a solid body having a coefficient of...

Geometry
1.2K views

K The function graphed to the y a sec bx c or y a cso...

Calculus
1.2K views

The region R is bounded by the x axis the line x e and the...

Calculus
1.2K views

a Find dy da dy da expressed as a function of t for the given...

Algebra
1.2K views

1 IRA Fair Market Value 260 000 546 000 186 400 418 680 328 840...

Accounting
1.2K views

Exercise 11-8 Recording payroll LO P2, P3 The following monthly data are token...

Accounting
1.2K views

king cheng is covered by Golden Sun PPo and has a copay of $15. Golden...

Accounting
1.2K views

Troy Engines, Limited, manufactures a variety of engines for use in heavy equipment. The company...