Business, 03.07.2021 02:00, lexybellx3

Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that it would require 39 hours of labor and $2,800 of parts. Compute the total estimated bill

Answers: 2

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Answers

answered: minersaysay22

a. 42.40%

b. $3,995.20

Explanation:

Full question is "Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2017 is available for Second Chance Time Charges $198,800 Material Loading Charges Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs $39,800 9,300 27,720 $76,820 56,800 7,100 $262,700 The company desires a $35.00 profit margin per hour of labor and a 23.00% profit margin on parts. It has budgeted for 7,100 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2017 will be $396,000 ▼ (a)Compute the rate charged per hour of labor (b) Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that it would require 39 hours of labor and $2,800 of parts. Compute the total estimated bill "

Labor rate = ($262,700/7,100) + $35

Labor rate = $37 + $35

Labor rate = $72

a. Material loading % = ($76,820/$396,000) + 23%

Material loading % = 19.3989% + $23

Material loading % = 42.40%

b. Total estimated bill = (39 * $72 per hour) + ($2,800 * 42.40%)

Total estimated bill = $2,808 + $1,187.20

Total estimated bill = $3,995.20

answered: Guest

The answer is b) market forces

answered: Guest

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7. customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

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Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that...