The following data is available for Wheels 'N Spokes Repair Shop for 2016:
Repair technicians' wages $360,000
Fringe benefits 80,000
Overhead 60,000
Total $500,000
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 2016.
Wheels 'N Spokes' labor charge per hour in 2016 would be
a) $100.
b) $112.
c) $128.
d) $140.
d) $140
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A tort is:
?A) an employee who reports employer wrongdoing.
B) a privateor civil wrong or injury, caused either intentionally or negligently.
C) an agreement that both an employee and an employer are free to terminate the relationship at any time and for any legally permissible reason.?
D) ?None of these answers.
If discouraged workers who gave up looking for jobs are counted, the total unemployment rate in the U.S.A. for 2014 was about ________
A) 16 percent B) 10 percent C) 12 percent D) 13 percent