Crescent Electrical Repair has decided
7.     Crescent Electrical Repair has decided to price its work on a time-and-material basis. It estimates the following costs for the year related to labor.
Technician wages and benefits          $100,000 Office employee’s
salary and benefits                           $ 40,000
Other overhead                                      $ 80,000
Crescent desires a profit margin of $10 per labor hour and budgets 5,000 hours of repair time for the year. The office employee’s salary, benefits, and other over- head costs should be divided evenly between time charges and material loading charges. Crescent labor charge per hour would be:
(a) $42.                                (c) $32.
(b) $34.                                (d) $30.
Answers
Status NEW
Posted 30 Apr 2017 08:04 AM
My Price 3.00
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Attachments
file 1493542373-1356463_1_636290809148132246_1356463.xlsx preview (121 words )
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