Business, 17.12.2020 17:50, tinasidell1972
Inse Corporation uses time and material pricing. The repair department expects 20,000 direct labor hours of activity and has the following selected data:
Labor and fringe benefit costs $800,000
Overhead Costs (excludes material handling and storage) 480,000
Target profit 220,000
The company's time charge per hour is:
a. $64.
b. $75.
c. $11.
d. $40.
e. $24.
Answers: 1
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