Question
Andrew has been asked to quote for the installation of an air conditioning system in the office of detroip ltd. Andrew estimates that the equipment
Andrew has been asked to quote for the installation of an air conditioning system in the office of detroip ltd. Andrew estimates that the equipment will cost $13000. four workers will be required to work at detroip for two of 38 hours per week. Prepare a quote for the installation of the air conditioning system. the workers earn $7.50 per hour.Andrew recovers overheads on the basis of direct labour hours at $15 per hour.Andrew adds profit loading of 25% on cost. Required Prepare a quote for the installation of the air conditioning system.(4 marks)
Subject Accounting
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started