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S5-7 (similar to) Question Help Paul James is the owner of a business that sells and installs home theatre systems. He just completed a job
S5-7 (similar to) Question Help Paul James is the owner of a business that sells and installs home theatre systems. He just completed a job for a builder consisting of the installation of 13 home theatre systems in a new condominium complex. The installations required materials totalling $18,500 and 76 hours of direct labour hours at a wage rate of $28 per hour. Overhead is allocated to jobs using a predetermined overhead rate of $10 per direct labour hour. 1. What is the total cost of the job? 2. What is the average unit cost (per theatre system installed)? 3. If Paul charges a price to the builder that is 150% of the total job cost, what price will he charge for the job? ne 1. What is the total cost of the job? al Total job cost
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