HH Electric reports the following information. Direct labor rate Non-materials-related overhead Materials-related overhead Target profit...
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HH Electric reports the following information. Direct labor rate Non-materials-related overhead Materials-related overhead Target profit margin (on both conversion ond direct materials) $90 per DLH $55 per OLH 5* of direct materlals cost 20% a. Compute the time charge per hour of direct labor. b. Compute the materials markup percentage. c. What price should the company quote for a job requiring four direct labor hours and $660 in materials
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