Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. tom is looking over price estimates for three cont

Tom is looking over price estimates for three contractors. Contractor X estimates the job will...

60.1K

Verified Solution

Question

Accounting

Tom is looking over price estimates for three contractors. Contractor X estimates the job will take 40 hours and charges a rate of $20 an hour. Contractor Y estimates the project will take 30 hours and charges $25 an hour. Contractor Z estimates the project will take 35 hours to complete and charges $22 an hour. What is the best deal? O Contractor X is the cheapest at $750. O Contractor Y is the cheapest at $750. O Contractor Z is the cheapest at $770. O Contractor X is the cheapest at $800.
image
Tom is looking over price estimates for three contractors. Contractor Xestimates the job will take 40 hours and charges a rate of $20 an hour. Contractor Y estimates the project will take 30 hours and charges $25 an hour. Contractor Z estimates the project will take 35 hours to complete and charges $22 an hour. What is the best deal? Contractor X is the cheapest at $750. Contractor Y is the cheapest at $750. Contractor Z is the cheapest at $770. Contractor X is the cheapest at $800

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students