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Concord Custom Electronics (CCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material
Concord Custom Electronics (CCE) 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. The company has budgeted for 5.100 hours of technician time during the coming year. It desires a $38 proft 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 5742.000
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