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NIIT Future Tech, a large educational center, provides courses to various organizations. For 2019 NIIT...

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Accounting

NIIT Future Tech, a large educational center, provides courses to various organizations. For 2019 NIIT Future Tech has budgeted to supply 48759 hours of trainings. Its variable costs are $88 per hour, and its fixed costs are $185031. The general manager has proposed a cost-plus approach for pricing trainings at full cost plus 20%.

Required:

Calculate the price per hour that NIIT Future Tech should charge based on general manager's proposal.

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