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Marshall Grocery Delivery Service reports the following information: Direct labor rate per hour $ 20 Non-materials related overhead per hour $ 25.80 Materials-related overhead 4%
Marshall Grocery Delivery Service reports the following information:
| Direct labor rate per hour | $ 20 | |
|---|---|---|
| Non-materials related overhead per hour | $ 25.80 | |
| Materials-related overhead | 4% | of Direct materials cost |
| Target profit margin | 20% |
The materials markup per dollar of materials cost is:
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Walter Aerts, Peter Walton
5th Edition
1473767121, 9781473767126
