Business, 11.05.2021 03:20 ndnx

Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate, including fringe benefits $ 84 per hour Annual labor hours 6,380 hours Annual materials purchases $ 1,222,000 Materials purchasing, handling, and storage $ 244,400 Overhead for depreciation, taxes, insurance, etc. $ 689,040 Target profit margin for both labor and materials 25 % What is the total price for a project requiring 190 direct labor hours and $180,000 of materials

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Shale Remodeling uses time and materials pricing. It is setting prices for next year using the follo...

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