Question
Meng uses time and materials pricing. Its rate per hour of direct labor is $61. Its materials markup is 25%. What price should Meng quote
Meng uses time and materials pricing. Its rate per hour of direct labor is $61. Its materials markup is 25%. What price should Meng quote for a job that will take 80 direct labor hours and use $4,000 of direct materials?
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Information For Decision Making Readings In Cost And Managerial Accounting
Authors: Alfred Rappaport
3rd Edition
0134643542, 978-0134643540
