Hypothetical actual Costs from the last Medical Attack Vehicle (MAV) built by Wheeled Coach: Bill of Materials Cost Ford F650 Chassis 70000 DuraLite Cabinet System 6000 Seating 3000 Rear Cargo Cabin Shell 5000 Electrical Wiring Harnesses 2000 LED Lighting Panels 1000 6 Tires 3600 Wood panels for interior buildout 1000 Metal Interior Panels 1000 Doors & Windows 800 Paint 500 On Board Computer 500 Flashing Exterior Lights 800 Sound System 400 Custom Decals 200 SafePass Door Handles 400 Pure Air Filtration System 1000 CornerCap Lighting System 1200 Stealth Power System 2000 Cool-Bar Airconditioning System 1000 Total Materials 101,400 Direct Labor Hours Average Rate Assembler 200 $20.00 Electrician 32 $20.00 Painters 16 $20.00 Fabricators 12 $20.00 Computer Tech 18 $20.00 AC/Power Specialist 32 $20.00 Water Pressure Testers 10 $20.00 Total Hours 320 Wheeled Coach's bid to a customer has a cost estimate of $582,169. If they want to set selling price by marking this cost up by 16%, determine the bid price. (Enter your answer to the nearest whole dollar and without commas or dollar signs)
Hypothetical actual Costs from the last Medical Attack Vehicle (MAV) built by Wheeled Coach: Bill of Materials Cost Ford F650 Chassis 70000 DuraLite Cabinet System 6000 Seating 3000 Rear Cargo Cabin Shell 5000 Electrical Wiring Harnesses 2000 LED Lighting Panels 1000 6 Tires 3600 Wood panels for interior buildout 1000 Metal Interior Panels 1000 Doors & Windows 800 Paint 500 On Board Computer 500 Flashing Exterior Lights 800 Sound System 400 Custom Decals 200 SafePass Door Handles 400 Pure Air Filtration System 1000 CornerCap Lighting System 1200 Stealth Power System 2000 Cool-Bar Airconditioning System 1000 Total Materials 101,400 Direct Labor Hours Average Rate Assembler 200 $20.00 Electrician 32 $20.00 Painters 16 $20.00 Fabricators 12 $20.00 Computer Tech 18 $20.00 AC/Power Specialist 32 $20.00 Water Pressure Testers 10 $20.00 Total Hours 320 Wheeled Coach's bid to a customer has a cost estimate of $582,169. If they want to set selling price by marking this cost up by 16%, determine the bid price. (Enter your answer to the nearest whole dollar and without commas or dollar signs)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Hypothetical actual Costs from the last Medical Attack Vehicle (MAV) built by Wheeled Coach:
| Bill of Materials | Cost |
| Ford F650 Chassis | 70000 |
| DuraLite Cabinet System | 6000 |
| Seating | 3000 |
| Rear Cargo Cabin Shell | 5000 |
| Electrical Wiring Harnesses | 2000 |
| LED Lighting Panels | 1000 |
| 6 Tires | 3600 |
| Wood panels for interior buildout | 1000 |
| Metal Interior Panels | 1000 |
| Doors & Windows |
800 |
| Paint | 500 |
| On Board Computer | 500 |
| Flashing Exterior Lights | 800 |
| Sound System | 400 |
| Custom Decals | 200 |
| SafePass Door Handles | 400 |
| Pure Air Filtration System | 1000 |
| CornerCap Lighting System | 1200 |
| Stealth Power System | 2000 |
| Cool-Bar Airconditioning System | 1000 |
| Total Materials | 101,400 |
| Direct Labor | Hours | Average Rate |
| Assembler | 200 | $20.00 |
| Electrician | 32 | $20.00 |
| Painters | 16 | $20.00 |
| Fabricators | 12 | $20.00 |
| Computer Tech | 18 | $20.00 |
| AC/Power Specialist | 32 | $20.00 |
| Water Pressure Testers | 10 | $20.00 |
| Total Hours | 320 |
Wheeled Coach's bid to a customer has a cost estimate of $582,169.
If they want to set selling price by marking this cost up by 16%, determine the bid price.
(Enter your answer to the nearest whole dollar and without commas or dollar signs)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education