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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)
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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