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4 years ago

15

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?

2 answers:

Charra [1.4K]4 years ago

8 0

242.58=8r (1+0.65)+98.70
Solve for r
R=10.9 per hour

Advocard [28]4 years ago

3 0

The answer to that is 10.9 per hour

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