Harris is the owner of a business that sells and installs home theatre systems. He...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Harris is the owner of a business that sells and installs home theatre systems. He just completed a job for a builder consisting of the installation of 17 home theatre systems in a new condominium complex. The installations required materials totalling $ 18 comma 700 and 77 hours of direct labour hours at a wage rate of $22 per hour. Overhead is allocated to jobs using a predetermined overhead rate of $11 per direct labour hour. 1. What is the total cost of the job? 2.What is the average unit cost (per theatre system installed)? 3.If Peter charges a price to the builder that is 190 % of the total job cost, what price will he charge for the job? 1. What is the total cost of the job? Total job cost
Total job cost
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
