Question
es HH Electric reports the following information. Direct labor rate Non-materials-related overhead Materials-related overhead Target profit margin (on both conversion and direct materials) a.
es HH Electric reports the following information. Direct labor rate Non-materials-related overhead Materials-related overhead Target profit margin (on both conversion and direct materials) a. Compute the time charge per hour of direct labor. b. Compute the materials markup percentage. $ 39 per DLH $ 21 per DLH 5% of direct materials cost 208 c. What price should the company quote for a job requiring four direct labor hours and $592 in materials? a. Time charge per hour of direct labor b. Materials markup Time and materials price
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