TE MC Qu. 23-124 Shale Remodeling uses time... Shole Remodeling uses time and materials pricing....
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TE MC Qu. 23-124 Shale Remodeling uses time... Shole Remodeling uses time and materials pricing. It is setting prices for next year using the following information Labor rate, including fringe benefits Annual labor hours Annual materials purchases Materials purchasing, handling, and storage Overhead for depreciation, taxes, insurance, etc. Target profit margin for both tabor and materials 5 126 per hour 6,520 hours $1.295,500 $ 259,100 $ 795,440 25 What is the total price for a project requiring 330 direct labor hours and $320,000 of materials Much 54,400 5470.000 $568 800 5558.800 $566300
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