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The following data is available for a company for 2021: Time Charges Material Loading Charges Technicians' wages and fringe benefits Purchasing agent's salary and
The following data is available for a company for 2021: Time Charges Material Loading Charges Technicians' wages and fringe benefits Purchasing agent's salary and fringe benefits Administrative salaries and fringe benefits Other overhead costs Total budgeted costs Rp117,200,000 18,950,000 19,250,000 Rp155,400,000 Rp41,500,000 13,630,000 27,490,000 Rp82,620,000 The company anticipated that the technicians would work a total of 15,000 hours this year. Expected parts and materials were Rp 216,000,000. In late February, the company experienced a fire in its facilities that destroyed most of the accounting records. The accountant remembers that the hourly labor rate was Rp 13,950 and that the material loading charge was 92.25% 1. Determine the profit margin per hour on labor 2. Determine the profit margin on materials 3. Determine the total price of labor on a job that was completed after the fire that required 120 hours of labor 4. Determine the total price of materials on a job that was completed after the fire that required Rp3,500,000 in parts and materials
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