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is the final answer 136,289.70? Wildhorse's Custom Electronics (WCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes,
is the final answer 136,289.70?
Wildhorse's Custom Electronics (WCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes, it provides bids using time-and-material pricing. The following budgeted cost data are available: Material Loading Charges Time Charges $127,880 Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs 25,576 14,456 $167,912 $31,500 11,200 42,000 $84,700 The company has budgeted for 5,560 hours of technician time during the coming year. It wants a $42 profit margin per hour of labour and a 100% profit on parts. It estimates the total invoice cost of parts and materials in 2022 will be $700,000. (a) Your answer is correct. Calculate the rate charged per hour of labour. (Round answer to 2 decimal places, e.g. 15.25.) Rate charged $ 72.2 per hour eTextbook and Media Attempts: 1 of 3 used Your answer is correct. Calculate the material loading percentage. (Round answer to 2 decimal places, e.g. 15.25%.) Material loading 112.1 % e Textbook and Media Attempts: 1 of 3 used (c) * Your answer is incorrect. WCE has just received a request for a bid from R. J. Builders on outfitting a $1.2-million new home. The company estimates that it would require 81 hours of labour and $61,500.00 in parts. Calculate the total estimated bill. (Round answer to 2 decimal places, eg. 15.25.) Total estimated bill $ 76,161.5 e Textbook and MediaStep by Step Solution
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