When estimating a job to bid, a contractor’s estimator first determines the actual cost of labor using the function L(h) = 28.75
h, where h is the number of estimated hours it will take to complete the job. Next, the estimator adds the labor burden, which accounts for taxes and insurance, using the function B(L) = 1.78L. Finally, the estimator calculates the selling price, including the markup for overhead and profit, using the function M(B) = 1.43B. Which composite function can be used to find the selling price for the labor portion of a bid based on the estimated number of hours?
Step-by-step explanation: We can find the answer to this problem by simplifying the scientific notation, and then adding. You would end up with 2,000 + 400 + 40 + 4 if done correctly. Hope this helps!
