Thermotech Heating Ltd installs heating systems in new homes. Jobs are priced using the time and material method. The managing director of Thermotech Heating is pricing a job involving the heating systems for six houses to be built by a local developer. His estimates follow: Labour hours 400.00 Material cost $ 89,000 The following predictions relate to the company's operations: Labour mate, including on-cost $ 20.00 per hour C Annual labour hours 10.000.00 hours Annual overhead costs: Material handling and storage $ 68.500.00 Other overhead costs $ 155.000.00 Annual cost of materials used $ 342.000.00 Thermotech Heating adds a mark-up of $8.00 per hour on its time charges, and 20.00 percent on all material charges (including material handling and storage costs). 1) Calculate the company's time charges and the percentage of the material charges, then calculate the price for the job. ~ 2) Apart from time and material charges, what are the other factors thatmay influence the pricing decisions