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Shale Remodeling uses time and materials pricing. It reports the following information: Direct labor rate $ 1 0 5 per DLH Non - materials -

Shale Remodeling uses time and materials pricing. It reports the following information:
Direct labor rate $ 105 per DLH
Non-materials-related overhead $ 75 per DLH
Materials-related overhead 19% of direct materials cost
Target profit margin (both conversion and direct materials)20%
The time charger per hour of direct labor is:

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