Joe's repair shop employs technicians paid by the hour (not flat rate), however Joe does charge the customers based on the flat rate book. Joe's retail rate is $75.00 per flat rate hour. Mr. Jones leaves his vehicle to have an engine "miss" repaired. Joe finds that the flat rate for this job is 3 hours. The job will require $75.00 in parts that Joe paid the local NAPA store $25.00 for. The
technician took 4 hours to complete the job. Joe pays his technicians $15.00 per hour. Calculate the Gross Profit for this job and choose the correct answer.
A) $215.00
B) $285.00
C) $95.00
D) $295.00
A) $215.00
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