Boyle's Body Shop repairs automobiles that have been involved in collisions.Its budget information follows:
Since all of Boyle's technicians are paid the same rate,Boyle allocates overhead to jobs based on direct labor hours.Paul Evans brought his car to Boyle for fender repair.It took 5 hours and the new parts for the job totaled $200.If Evans was charged $500,what was the percentage of profit to the selling price?
A) 35%
B) 60%
C) 50%
D) 25%
Correct Answer:
Verified
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