Question: Apple offers device service and repair through its AppleCare program. Assumed data follow. Required: 1. Compute time charge per hour of direct labor (in $)

 Apple offers device service and repair through its AppleCare program. Assumed
data follow. Required: 1. Compute time charge per hour of direct labor

Apple offers device service and repair through its AppleCare program. Assumed data follow. Required: 1. Compute time charge per hour of direct labor (in \$) 2. Compute materials markup per dollar of direct material cost (in 86 ) 3. Uie time and materials pricing to compute the price for a local college. Apple estimates the obligation to this college will require 1,000 direct labor hours ond $35,000 of direct materials cost. Google wants to develop a loptop to compete with Apple's MacBook Pro. Google beBieves the price of this model must be no more than Apple's price of \$1.199 per unit to be compettive. Google expects to sell 20,000 units of this laptop model and has a target markup percentoge of 255. Astumed data for Google follow Google uses the total cost method in setting its laptop price. Required: 1. Compute Google's total cost per unit it 20.000 units are produced. 2. Determine Googles dollar markup per unit 3. Determine Google's selling price per unit

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