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Business, 29.04.2021 19:10 pearljammarow6ujs

Yelk Garage uses time and materials pricing. It is setting prices for next year using the following information: Labor rate, including fringe benefits $ 61 per hour Annual labor hours 3,150 hours Annual materials purchases $ 833,000 Materials purchasing, handling, and storage $ 54,000 Overhead for depreciation, taxes, insurance, etc. $ 75,600 Target profit margin for both labor and materials 20 % What should Yelk set as the direct labor rate per hour

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Yelk Garage uses time and materials pricing. It is setting prices for next year using the following...
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