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Please help and verify if this was done correctly. direct labor marked up 100% and direct materials marked up 60% to recover indirect costs of
Please help and verify if this was done correctly.
direct labor marked up 100% and direct materials marked up 60% to recover indirect costs of support staff, support materials, and shared equipment and tools, and to eam a profit compressor or repair it. The cost information available to Dickenson follows: (Click the icon to view the cost information.) Read the requirements. Requirement 1. If Dickenson presents Peterson with the replace or repair options, what price would he quote for each? Complete the table below to determine the price Dickenson would quote for each option. Requirement 2. If the two options were equally effective for the 3 years that Peterson intends to live in the home, which option would she choose? Data table Peterson is likely to choose to the compressor. Requirement 3. If Dickenson's objective is to maximize profits, which option would he recommend to Peterson? What would be the ethical course of action? If Dickenson is interested in maximizing profits, he may be tempted to The ethical course of action would be to direct labor marked up 100% and direct materials marked up 60% to recover indirect costs of support staff, support materials, and shared equipment and tools, and to eam a profit compressor or repair it. The cost information available to Dickenson follows: (Click the icon to view the cost information.) Read the requirements. Requirement 1. If Dickenson presents Peterson with the replace or repair options, what price would he quote for each? Complete the table below to determine the price Dickenson would quote for each option. Requirement 2. If the two options were equally effective for the 3 years that Peterson intends to live in the home, which option would she choose? Data table Peterson is likely to choose to the compressor. Requirement 3. If Dickenson's objective is to maximize profits, which option would he recommend to Peterson? What would be the ethical course of action? If Dickenson is interested in maximizing profits, he may be tempted to The ethical course of action would be toStep by Step Solution
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