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18 August, 04:14

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?

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  1. 18 August, 07:16
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    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
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