Pharoah Homes is a house cleaning service. As a special feature, Pharoah Homes will supply flowers or small decorator items when they clean a home. They use a time and material billing policy. Based on the following costs and desired profits, calculate the hourly rate for labour and the material loading charge for Pharoah Homes, assuming that in 3,900 hours per year they clean 870 homes. Invoice costs per year are $166,000.

			Labour			Materials
Maid's salaries		$	58,500
Office supplies		$	17,940		$	16,600
Supplies					$	21,580
Overhead on equipment		$	5,070
Advertising costs		$	2,847
Desired profit		$	9 per hour			19%

Cathy, a potential new client, would like to have her home cleaned every two weeks and a large floral arrangement to be provided for the dining room table and a small arrangement for the kitchen table. Pharoah Homes estimates that it will take 2 maids 4 hours to clean Cathys home and the invoice cost for the flowers will be $53. Using the rates calculated in Parts 1. and 2, determine Cathys bi-weekly bill. (Round entry to 2 decimal places, e.g. 15.25.) Part 1: labour rate = 30.63

Part 2: Materials loading charge = 42%

Catty's bi-weekly bill

$ ?