17. From the spreadsheet below, calculate the total material cost, the total labor cost and...
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Accounting
17. From the spreadsheet below, calculate the total material cost, the total labor cost and the total overall cost. What would you quote the customer for this project if you wanted to mark-up materials 20% and labor 50%. (You may use your computer to work out this problem.) Item# Description Unit Qty Unit Mat Unit Lab Total Mat Total Lab TOTAL 1 Large Circular Nozzle EA 34 $25.00 $12.70 $ 850.00 2 Small Square Nozzle EA 20 $10.00 $12.70 $ 200.00 3 2 inch Diam. Pipe LF 200 $3.00 $1.50 4 2 inch Elbows EA 25 $5.00 $2.00
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