Non-baterials-related overhead Materials-related overhead Target profit margin (on both conversion and direct materials) Required: 1. Compute time charge per hour of direct labor (in $). 2. Compute materials markup per dollar of direct material cost (in %). 910 per hour 46. 40% 3. Use time and materials pricing to compute the price for a local college. Apple estim 1,000 direct labor hours and $35,000 of direct materials cost. Time charge per hour of direct labor
Non-baterials-related overhead Materials-related overhead Target profit margin (on both conversion and direct materials) Required: 1. Compute time charge per hour of direct labor (in $). 2. Compute materials markup per dollar of direct material cost (in %). 910 per hour 46. 40% 3. Use time and materials pricing to compute the price for a local college. Apple estim 1,000 direct labor hours and $35,000 of direct materials cost. Time charge per hour of direct labor
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 1CE: Ventana Window and Wall Treatments Company provides draperies, shades, and various window...
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