Business, 17.12.2019 23:31 brandondees25

Your firm designs powerpoint slides for computer training classes. you have just received a request to bid on a contract to produce the slides for a 16-session class. from previous experience, you know that your firm follows an 81 percent learning rate. for this contract, it appears that the effort will be substantial, running 90 hours for the first session. your firm bills at the rate of $100/hour and the overhead is expected to run a fixed $650 per session. the customer will pay you a flat fixed rate per session. if your nominal profit margin is 20 percent, what will be the total bid price, the per session price, and at what session will you break even?

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