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  3. 1. compute time charge per hour of direct labor (i

1. Compute time charge per hour of direct labor (in \$). 2. Compute materials markup...

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1. Compute time charge per hour of direct labor (in \$). 2. Compute materials markup per dollar of direct material cost (in \%). 3. Use time and materials pricing to compute the price for a local college. Apple estimates the obligation to this college will require 1,000 direct labor hours and $35,000 of direct materials cost

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