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Work the following pricing problems for services rendered. (For all calculations use hundredths.) Labor time = 8 hours Overhead rate = 65% Retail price of parts = $98.70 Total c…
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Work the following pricing problems for services rendered. (For all calculations use hundredths.) Labor time = 8 hours Overhead rate = 65% Retail price of parts = $98.70 Total c…
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Mar 22, 2018
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Work the following pricing problems for services rendered. (For all calculations use hundredths.) Labor time = 8 hours Overhead rate = 65% Retail price of parts = $98.70 Total cost of job = $242.58 What is hourly rate for labor?
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Lannetta
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the answer to that is 10.9 per hour
Martin Lund
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Mar 23, 2018
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242.58=8r (1+0.65)+98.70
Solve for r
R=10.9 per hour
Ross Symonds
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Mar 28, 2018
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