Question
Harris is the owner of a business that sells and installs home theatre systems. He just completed a job for a builder consisting of the
Harris is the owner of a business that sells and installs home theatre systems. He just completed a job for a builder consisting of the installation of 17 home theatre systems in a new condominium complex. The installations required materials totalling $ 18 comma 700 and 77 hours of direct labour hours at a wage rate of $22 per hour. Overhead is allocated to jobs using a predetermined overhead rate of $11 per direct labour hour. 1. What is the total cost of the job? 2.What is the average unit cost (per theatre system installed)? 3.If Peter charges a price to the builder that is 190 % of the total job cost, what price will he charge for the job? 1. What is the total cost of the job? Total job cost
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