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1.Work the following pricing problems for services rendered. (Round to hundredths(

Hourly rate, worker A = $15.00

Hourly rate, worker B = $8.00

Hourly rate, worker C = $5.25

Labor time, worker A = 2 1/2 hours

Labor time, worker B = 1 hour

Labor time, worker C = 3/4 hour

Overhead rate = 75%

Retail price of goods = $125.50

What is the total cost of job?

Verified Answer :

Total cost of job=retail price of goods+labor cost+overhead
Labor cost15×2.5+8×1+5.25×(3÷4)=49.44 this is labor cost
Overhead= labor cost×overhead rateOverhead=49.44×0.75=37.08
Now find total cost of jobTotal cost of job=125.50+49.44+37.08=212.02....answer

 

Answer:

$212.02

Step-by-step explanation:

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