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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 to use
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$85,000
Indirect Materials for this job$3,000
Direct Labor for this job$16,000
Direct labor hours for this job200
Overhead (including all indirect
Costs) for this job per direct
Labor hour$24
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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