aighterline CALL (877) 787-8375 LIVE CHAT HELP CENTER Topic 14: Capital Budgets and Managerial Decisions Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate, including fringe benefits Annual labor hours. Annual materials purchases Materials purchasing, handling, and storage Overhead for depreciation, taxes, insurance, etc. Target profit margin for both labor and materials 75 per hour. 6,350 hours $1,206,250 $ 241,250 $ 666,750 25% What should Shale set as rate per hour of labor hour? Select one: Oa. $250. Ob. $200. Oc. $150. Od. $225. Oe $180. search 0 a 9 DELL