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Shale Remodeling uses time and materials pricing. It reports the following information: DirectlaborrateNon-materials-relatedoverheadMaterials-relatedoverheadTargetprofitmargin(bothconversionanddirectmaterials)$70perDLH$40perDLH10%ofdirectmaterialscost20% What price should the company quote for a job requiring four direct

image text in transcribed Shale Remodeling uses time and materials pricing. It reports the following information: DirectlaborrateNon-materials-relatedoverheadMaterials-relatedoverheadTargetprofitmargin(bothconversionanddirectmaterials)$70perDLH$40perDLH10%ofdirectmaterialscost20% What price should the company quote for a job requiring four direct labor hours and $580 in materials? Multiple Choice $702. $1,108. $880. $934. $1,282

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