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the finished product. Direct materials and direct labor costs are easy to trace to the jobs. Privacy's income statement for last year is as follows:

image text in transcribedimage text in transcribed the finished product. Direct materials and direct labor costs are easy to trace to the jobs. Privacy's income statement for last year is as follows: % of cost of goods sold 2. A customer orders draperies and shades for a remodeling job. The job will have the following costs: What is the price that Privacy will quote given the markup percentage calculated in Requirement 1 ? (Round the price to the nearest dollar.) $ (Round to the nearest whole percent. Use this amount for future calculations.) % of direct materials cost $

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