Question
A company named Windhill that is based off of Central City collected this data for the next year's budgeted activity: Engineer wages $100,000 Fringe benefits
A company named Windhill that is based off of Central City collected this data for the next year's budgeted activity:
| Engineer wages | $100,000 |
| Fringe benefits | $21,000 |
| Related overhead | $16,500 |
| Total estimated engineer hours | 3,500 |
| Desired profit margin per each hour | $21 |
| Supply clerk's wages and benefits | $21,000 |
| Supply related overhead | $19,000 |
| Profit margin on materials | 10% |
| Total estimated materials cost | $160,000 |
Based upon the information that has been given for Windhill Company, engineer hourly charges would be billed at what hourly rate?
Please show your work.
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Accounting Ledger Book
Authors: Alpha Planners Publishing
1st Edition
B09VWKPJSG, 979-8432472564
