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Bonita Custom Electronics (BCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material
Bonita Custom Electronics (BCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material pricing. The following budgeted cost data are available. Time Charges $140,000 Material Loading Charges Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs 23,520 14,000 $177,520 $33,200 12,440 39,120 $84.760 The company has budgeted for 5,600 hours of technician time during the coming year. It desires a $37 profit margin per hour of labor and an 80% profit on parts. It estimates the total invoice cost of parts and materials in 2020 will be $652.000. Compute the rate charged per hour of labor. (Round answer to 2 decimal places, eg. 10.50.) Labor rate $ per hour e Textbook and Media Compute the material loading percentage. Material loading percentage % e Textbook and Media RCE has just received a request for a bid from Buil Builders on a $1,215,000 new home. The company estimates that it would require 80 hours of labor and $39,400 of parts. Compute the total estimated bill. Total estimated bill $
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