Hypothetical actual Costs from the last Medical Attack Vehicle (MAV) built by Wheeled Coach: Bill of Materials Cost Ford F650 Chassis 70000 DuraLite Cabinet System 6000 Seating 3000 Rear Cargo Cabin Shell 5000 Electrical Wiring Harnesses 2000 LED Lighting Panels 1000 6 Tires 3600 Wood panels for interior buildout 1000 Metal Interior Panels 1000 Doors & Windows 800 Paint 500 On Board Computer 500 Flashing Exterior Lights 800 Sound System 400 Custom Decals 200 SafePass Door Handles 400 Pure Air Filtration System 1000 CornerCap Lighting System 1200 Stealth Power System 2000 Cool-Bar Airconditioning System 1000 Total Materials 101,400 Direct Labor Hours Assembler 200 Electrician 32 Painters 16 Average Rate $20.00 $20.00 $20.00 $20.00 $20.00 $20.00 $20.00 Fabricators 12 18 Computer Tech AC/Power Specialist Water Pressure Testers 32 10 Total Hours 320 Question 1 17 Suppose Wheeled Coach allocates overhead based on direct labor cost. Their overhead rate is 135% of direct labor cost. Compute the total job cost for the MAV vehicle. (Enter your answer to the nearest whole dollar and without commas or dollar signs) Question 2 2 pts Wheeled Coach has received a request for a quote from a customer who is interested in purchasing one MAV. Prepare a cost estimate for this work, assuming the following customizations desired by the customer: 1. The customer wants to upgrade to a Freightliner M2 Chassis for their ambulances, and they will cost Wheeled Coach $10,477 more than the F650 Chassis included in the base model. 2. The customer wants a custom flame style paint job that will make total paint costs increase by $132. The paint job will also double the amount of hours the painters spend working on a vehicle. 3. Overhead is allocated to the job at 200% of direct labor cost. What is the cost estimate for this customer's bid? (Enter your answer to the nearest whole dollar and without commas or dollar signs) Question 3 1 pts Wheeled Coach's bid to a customer has a cost estimate of $761,036. If they want to set selling price by marking this cost up by 24%, determine the bid price. (Enter your answer to the nearest whole dollar and without commas or dollar signs) D Question 4 2 pts Suppose Wheeled Coach also has a maintenance department to service their customer's ambulances. They charge for services based on the following: Hourly rate for work is $148 Materials are charged to the customer at cost plus a 9% handling fee Orange County Emergency Services brings a vehicle in for service and it takes 13 hours plus the following materials: Brake Rotors $246 Bearings $137 Oil & filter $54 How much is the customer invoice for the service work? Question 5 2 pts Suppose Wheeled Coach also has a maintenance department to service their customer's ambulances. The total charge their customers is computed using an hourly rate of $125 plus the cost of materials. They use job costing to track the cost of each service job. Mechanic's wages cost $20 per hour. Overhead for the service department is allocated to each service job at $10 per each hour worked by the mechanics on the job. Seminole County Emergency Services brings a vehicle in for service and it takes 8 hours plus the following materials: Radiator $199 Spark Plugs $27 First, compute Wheeled Coach's total job cost of this maintenance job. How much profit did Wheeled Coach make on this job if they charged the customer $125 per hour for service plus the cost of the materials
