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Dewey, Cheatum & Howe, LLP, is a legal firm. The lawyers are paid $150 per hour and overhead is allocated at a rate of $100
Dewey, Cheatum & Howe, LLP, is a legal firm. The lawyers are paid $150 per hour and overhead is allocated at a rate of $100 per direct labor hour. A Salt & Buttery, Inc., is a client that was charged for 19 direct labor hours and $1,000 for materials used. Calculate the price of the job given Dewey, Cheatum & Howe markup its costs by 60%
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