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Homework: Chapter 1/ Homework Save Score: 0 of 2 pts 3 of 4 (4 complete) HW Score: 20%, 2 of 10 pts E17-27 (similar to)
Homework: Chapter 1/ Homework Save Score: 0 of 2 pts 3 of 4 (4 complete) HW Score: 20%, 2 of 10 pts E17-27 (similar to) Question Help Juda Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Sanjog Juda prepared the following budget for the year EE (Click the icon to view the prepared budget.) (Click the icon to view additional information.) Read the requirements 1,955,000 00,000 85 Requirement 2. Compute the predicted cost of the Root Manufacturing job Juda Realtors Estimated Cost of the Root Manufacturing Job Direct labor 200 hrs. x $ 115 23,000 + Indirect costs 85%x $23,000 $ 19,550 Total predicted cost $ 42,550 Requirement 3. If Juda wants to earn a profit that equals 36% of the job's cost, how much should he bid for the Root Manufacturing job? Add Required service revenue Choose from any list or enter any number in the input fields and then click Check
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