\table[[,Hours,,Hourly Rate],[Engineers,150,,$,250.00],[Drafters,100,,$,120.00],[Staff,250,,$,20.00]] Engineer Co. has no direct material costs and applies overhead at...
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tableHours,,Hourly RateEngineers$Drafters$Staff$ Engineer Co has no direct material costs and applies overhead at a rate of of direct labor cost. It estimates the competition will bid between $ and $ a What is the estimated cost of direct labor for the job? b What is the estimated cost of the jobLabor & MOH c What should it bid to earn a profit on cost 
tableHours,,Hourly RateEngineers$Drafters$Staff$
Engineer Co has no direct material costs and applies overhead at a rate of of direct labor cost. It estimates the competition will bid between $ and $
a What is the estimated cost of direct labor for the job?
b What is the estimated cost of the jobLabor & MOH
c What should it bid to earn a profit on cost
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