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Requirement 2. Compute the predicted cost of the Simms Manufacturing job. Jones Realtors Estimated Cost of the Simms Manufacturing Job Direct labor hours (professionals)

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Requirement 2. Compute the predicted cost of the Simms Manufacturing job. Jones Realtors Estimated Cost of the Simms Manufacturing Job Direct labor hours (professionals) Direct labor costs (professionals) $ Office rent Support staff salaries Utilities 23,600 hours 2,950,000 390,000 1,107,500 420,000 hrs. x = % x = Total predicted cost Requirement 3. If Jones wants to earn a profit that equals 48% of the job's cost, how much should she bid for the Simms Manufacturing job! Total predicted cost Add: Desired profit Required service revenue Print Done

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