abriskie:
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 Total cost of job?
abriskie:
anyone get 212.01?
Allison:
I got $86?
Allison:
Overhead rate is 71.16 is what I got x.x
abriskie:
The question asks the total cost of the job though.
Allison:
I got $86 x.x
Allison:
Check with @Hero on this. He's the Math Professor.
Hero:
@abriskie do you have your notes on how to calculate the overhead? It says the overhead is 75%. My question is, 75% of WHAT?
Allison:
If I rounded it's be 71.2 @Hero. Why'd you get 75%?
abriskie:
that is all the information that was given. I am a math tutor and am trying to help a student and that is the problem given word for word.
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