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A company is asked to quote a price to build a deck. The company uses time and materials pricing. Its materials markup is 20%,
A company is asked to quote a price to build a deck. The company uses time and materials pricing. Its materials markup is 20%, and its time charge per hour of direct labor is $55. The job will use $4.450 of direct materials and take 82 direct labor hours. What price should the company quote for the job? Time and materials price
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
14th Edition
978-0132960649, 132960648, 132109174, 978-0132109178
