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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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