V & S Mechanical sells and services plumbing, heating, and air conditioning systems. V & S's cost accounting system tracks two cost categories: direct labour and direct materials. V & S uses a time-and-materials pricing system, with direct labour marked up 90% and direct materials marked up 50% to recover indirect costs of support staff, support materials, and shared equipment and tools and to earn a profit. (Click the icon to view the cost information.) Required .... - X Requirement 1. If Anderso Complete the table below to Required ollar) La Repair option Replace option 1. If Anderson presents Landon with the replace or repair options, what price would he quote for each? 2. If the two options were equally effective for the 3 years that Landon intends to live in the home, which option would she choose? 3. If Anderson's objective is to maximize profits, which option would he recommend to Landon? What would be the ethical course of action? Print Done ells and services plumbing, heating, and air conditioning systems. V & S's cost accounting system tracks two cost cate S uses a time-and-materials pricing system, with direct labour marked up 90% and direct materials marked up 50% te rt materials, and shared equipment and tools and to earn a profit. o view the cost information Cost information nderson presents Landd below to determine the to During a hot summer day, the central air conditioning nearest whole de in Kerin Landon's home stops working. V & S Labour Mat technician Javier Anderson arrives at Landon's home and inspects the air conditioner. He considers two options: replace the compressor or repair it. The cost information available to Anderson follows: Labour Materials Repair option 7 hours $150 Replace option 5 hours $250 Labour rate $36 per hour Print Done