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    a1089's Avatar
    a1089 Posts: 2, Reputation: 1
    New Member
     
    #1

    Oct 5, 2009, 03:46 PM
    Price to Customer
    Job 215 was started and completed during the year. What price would have been charged to the customer if the job required $8,500 in materials and $2,700 in direct labor cost, and the company priced its jobs at 25% above the job's cost according to the accounting system?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #2

    Oct 8, 2009, 01:03 PM

    Just figure out the total costs and add 25% to it. Except you haven't included any overhead and I'm going to assume that's in another part of the problem somewhere. (I've seen this before so I know it's part of a larger whole.)

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