Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bramble Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material
Bramble Custom Electronics (RCE) 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. Material Time Loading Charges Charges Technicians' wages and benefits $192,000 Parts manager's salary and benefits $43,520 Office employee's salary and benefits 48,000 19.200 Other overhead 24,000 53.760 Qu Ana Total budgeted costs $264,000 $116.480 Que Accou The company has budgeted for 8.000 hours of technician time during the coming year. It desires a $38 profit margin per hour of labor and an 80% profit on parts. It estimates the total invoice cost of parts and materials in 2022 will be $896,000. Ques Account Compute the rate charged per hour of labor. (Round answer in decimal t Compute the rate charged per hour of labor. (Round answer to 2 decimal places, e.g. 10.50.) Labor rate eTextbook and Media Compute the material loading percentage. Material loading percentage eTextbook and Media per hour Q Que A RCE has just received a request for a bid on a security and home entertainment system from Buil Builders on a $1.536,000 new home. The company estimates that the job would require 85 hours of labor and $51,200 of parts. Compute the total estimated bill Total estimated bill $ eTextbook and Media
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