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You are working on estimating a one-of-a kind job for a customer. Your customer has agreed that Direct Labor Hours is a fair method
You are working on estimating a one-of-a kind job for a customer. Your customer has agreed that Direct Labor Hours is a fair method to use for overhead. Your estimate for your customer is as follows: Direct Materials for this job Indirect Materials for this job Direct Labor for this job Direct labor hours for this job Overhead (including all indirect Costs) for this job per direct Labor hour $24 $110,000 5,000 8,000 100 What should be your total cost estimate for this job? DO NOT USE DOLLAR SIGNS. Round up to the nearest dollar.
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