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Mathematics 88 Online
morgfa00:

Work the following pricing problems for services rendered. (For all calculations use hundredths.) Labor time = 8 hours Overhead rate = 65% Retail price of parts = $98.70 Total cost of job = $242.58 What is hourly rate for labor?

dude:

Total cost of job= retail price of parts+overhead+cost of labor overhead= cost of labor×overhead rate

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