Respuesta :
Answer:
Total Cost of the job = $92.44
Step-by-step explanation:
[tex]\text{Labor time = }4\tfrac{3}{4}=\frac{19}{4}=4.75\text{ hours}[/tex]
Overhead rate = 85%
Retail price of parts = $17.75
Let Total cost of job be $x
Hourly rate of the labor = $8.50 per hour
⇒ Total cost = Labor time × (1 + overhead rate) × r + Retail price
⇒ Total Cost = 4.75 × (1 + 0.85) × 8.50 + 17.75
⇒ Total Cost = 4.75 × 1.85 × 8.50 + 17.75
⇒ Total Cost = 74.69 + 17.75
⇒ Total Cost = $92.44
Thus, Total Cost of the job = $92.44
