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Shocker Electrical, which installs sophisticated electronic-control systems in new homes, prices jobs by using the time-and-materials method. The following data apply to a job for

Shocker Electrical, which installs sophisticated electronic-control systems in new homes, prices jobs by using the time-and-materials method. The following data apply to a job for ABC Builders: Labor hours: 200 Materials cost: $53,000 The following predictions, based on 35,000 direct labor hours, pertain to the company's operations for the year:

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Annual overhead costs: Material handling and storage Other overhead costs Annual cost of materials used Labor rate per hour, including fringe benefits $ 45,000 770,000 1,000,000 44 Shocker Electrical adds a markup of $25 per hour on its time charges, but there is no profit markup on material costs. Required: Calculate the price for the ABC Builders' job. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) Price quotation for ABC Builders

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