Speedy Print is a small copy shop that has both black and white and color printers. It also offers a range of binding choices. The cost for running the shop are:

REQUIRED:

a. Speedy Print takes a job that requires 25 black and white sheets and 10 color sheets per booklet for a total of 25 booklets. The customer wants them bound. It will take four minutes to make each booklet. What is the direct cost of this order?

b. Speedy marks up every order by 40% to cover overhead and generate a profit. What price will Speedy need to charge for this order?

Transcribed Image Text:

Resource Cost per Unit Paper $0.01per sheet Black and white copier S0.03 per sheet Color copier $0.06 per sheet Binding machine S0.25 per unit bound Labor $2 per hour