part 1

part 2

HH Electric reports the following information Direct labor rate $ 34 per DLH Non-materials-related overhead $ 51 per DH Materials-related overhead SX of direct materials cost Target profit margin (on both conversion and direct materials) 20% a. Compute the time charge per hour of direct labor b. Compute the materials markup percentage c. What price should the company quote for a job requiring four direct labor hours and $652 in materials? a. Time charge per hour of direct labor b. Materials markup c Time and materials price % Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 32,000 units follow The company targets a profit of $312,000 on this product. Variable costs per Unit Direct materials $ 82 Direct labor 52 Overhead 37 Selling, general and administrative 27 Fixed Costs (total) Overhead $ 662,000 Selling, general and administrative 614,000 1. Compute the total variable cost and the markup percentage 2. Compute the dollar markup per unit on variable cost 3. Compute the selling price per unit. (For all requirements, round your final answers to the nearest whole number.) 1 Total variable costs 1. Markup percentage 2. Markup per unit 3. Selling price per unit