Use the following information for questions
The following data is available for Wheels ‘N Spokes Repair Shop for 2016: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.
-In March 2016, Wheels 'N Spokes repairs a bicycle that takes two hours to repair and uses parts of $240.The bill for this repair would be
A)$520.
B)$560.
C)$592.
D)$616.

Question

Use the following information for questions 
The following data is available for Wheels ‘N Spokes Repair Shop for 2016: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.
-In March 2016, Wheels 'N Spokes repairs a bicycle that takes two hours to repair and uses parts of $240.The bill for this repair would be
A)$520. 
B)$560. 
C)$592. 
D)$616.

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The Answer of Use the following information for questions 
The following data is available for Wheels ‘N Spokes Repair Shop for 2016: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.
-In March 2016, Wheels 'N Spokes repairs a bicycle that takes two hours to repair and uses parts of $240.The bill for this repair would be
A)$520. 
B)$560. 
C)$592. 
D)$616.

Use the Following Information for Questions