Assuming that Hudson assigns one production worker to the INE job:
a. Based on a 40 hour work week, how long will it take one production employee to complete the job? How long would the job take 2 production employees to the INE job?
b. b) Based on a labor rate of $19.25 per hour (plus 45 percent fringe benefits); an overhead rate of 150 percent of direct labor costs and a profit margin of 35 percent, what should be the quote for the INE job. Should one or two employees be budgeted to the job?

  • CreatedSeptember 22, 2015
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