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Shale Remodeling uses time and materials pricing. It reports the following information: Direct labor rate $ 60 per DLH Non-materials-related overhead $ 30 per DLH
Shale Remodeling uses time and materials pricing. It reports the following information:
Direct labor rate $ 60 per DLH
Non-materials-related overhead $ 30 per DLH
Materials-related overhead 10% of direct materials cost
Target profit margin (both conversion and direct materials) 20%
What price should the company quote for a job requiring four direct labor hours and $580 in materials?
a.$606.
b.$1,012.
c.$784.
d.$838.
e.$1,186.
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