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A company gives a quotation for a job which requires 90 kg of materials @ 17 per kg, 40 direct labour hours @ 22 per
A company gives a quotation for a job which requires 90 kg of materials @ 17 per kg, 40 direct labour hours @ 22 per hour and overheads recovered on the basis of direct labour hours used, at 8 per per hr. A profit mark-up of 70% is added.
What is the selling price chargeable to the customer?
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