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Elizabeth is a contractor, and she owns a small home renovation company that specializes in kitchen renovations. Elizabeth fears she has been underbidding her projects,
Elizabeth is a contractor, and she owns a small home renovation company that specializes in kitchen renovations. Elizabeth fears she has been underbidding her projects, and that translates into lost profits that could help sustain her through slow periods. She is putting together an estimate for a potential client and has determined the following activities: Previously, Elizabeth was billing at a flat rate of $ per square foot of the demo space with no additional markup. Elizabeth would like to add a markup to the cost to arrive at the final bid price. Using ActivityBased Costing ABC what is the final bid price for her potential customer? Round intermediate calculations and final answer to decimal places, eg Final bid price $
Elizabeth is a contractor, and she owns a small home renovation company that specializes in kitchen renovations. Elizabeth fears she
has been underbidding her projects, and that translates into lost profits that could help sustain her through slow periods. She is putting
together an estimate for a potential client and has determined the following activities:
Previously, Elizabeth was billing at a flat rate of $ per square foot of the demo space with no additional markup. Elizabeth would like
to add a markup to the cost to arrive at the final bid price. Using ActivityBased Costing ABC what is the final bid price for her
potential customer? Round intermediate calculations and final answer to decimal places, eg
Final bid price $
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