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Can you help me figure out these two problems? I get confused on math too easily. 1.Work the following pricing problems for services rendered. (Round to hundredths( Hourly rate, worker A = $15.00 Hourly rate, worker B = $8.00 Hourly rate, worker C = $5.25 Labor time, worker A = 2 1/2 hours Labor time, worker B = 1 hour Labor time, worker C = 3/4 hour Overhead rate = 75% Retail price of goods = $125.50 What is the total cost of job?
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Also one more: 2,Work the following pricing problems for services rendered. (For all calculations use hundredths.) Labor time = 4 1/2 hours Overhead rate = 95% Retail price of parts = $134.75 Total cost of job = $241.98 What is the hourly rate?
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