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14)What is the bid price (price the company offers to do the work for) for...

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14)What is the bid price (price the company offers to do the work for) for the job if the company uses a 40% markup of total manufacturing costs? 15)Corp applies O/H to products at a budgeted indirect-cost rate of $60 per DLH. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: DM of $50,000;400 DLH at $20 per hour; and a 30% markup rate on total manufacturing costs. Estimated total product costs for this order equal

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