Respuesta :
Answer:
Hourly labor rate = $14.84
Step-by-step explanation:
Total cost of job = $147.51
Price of parts = $32.50
Labor cost + overhead = Total cost - parts = 147.51 - 32.5
=115.01
Overhead rate = 55%
Labor cost = 115.01/(1+55%) = 115.01/1.55
=74.2
Duration of job = 5 hours
Hourly labor rate = 74.2/5
= $14.84
Answer:
$14.84
Step-by-step explanation:
Total cost of job = $147.51=labor+overhead+parts
Price of parts = $32.50
labor+overhead =147.51-32.5=115.01
Overhead rate = 55%
labor+0.55labor= 115.01
labor=115.01/(1.55)=74.2
Duration of job = 5 hours
hourly labor=74.2/5=$14.84
