managerial accounting D&S Auto Repair has the following budgeted costs...
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Accounting
managerial accounting 
D&S 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 30,000 15,000 other overhead 15.000 40,000 Invoice cost of parts and materials 400.000 Total budgeted costs $165.000 $500.000 1. Calculate the labor rate to be used next year assuming 7.500 hours of repair time and a profit margin of 525 per labor hour 2. Calculate the material loading charge to be used next year assuming a 40% markup on material cost 3. Calculate the total cost the job if Jaycee estimates that the repairs to a Cadilac Escalade damaged in an accident will take 45 hours of labor and $3.500 in parts and materials
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