Ask Question
30 September, 09:48

1. Work the following pricing problems for services rendered. (Round to hundredths (

Hourly rate, worker A = $15.00

Hourly rate, worker B = $8.00

Hourly rate, worker C = $5.25

Labor time, worker A = 2 1/2 hours

Labor time, worker B = 1 hour

Labor time, worker C = 3/4 hour

Overhead rate = 75%

Retail price of goods = $125.50

What is the total cost of job?

+3
Answers (1)
  1. 30 September, 11:09
    0
    Total cost of job=retail price of goods+labor cost+overhead

    Labor cost15*2.5+8*1+5.25 * (3:4) = 49.44 this is labor cost

    Overhead = labor cost*overhead rateOverhead=49.44*0.75=37.08

    Now find total cost of jobTotal cost of job=125.50+49.44+37.08=212.02 ... answer
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “1. Work the following pricing problems for services rendered. (Round to hundredths ( Hourly rate, worker A = $15.00 Hourly rate, worker B = ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers