Question: Concord Custom Electronics (CCE) sells and installs complete security, computer, audio, and video systems for homes, On newly constructed homes it provides bids using time-and-material

Concord Custom Electronics (CCE) sells and installs complete security, computer, audio, and video systems for homes, On newly constructed homes it provides bids using time-and-material pricing. The following budgeted cost data are avallable. The company has budgeted for 5,100 hours of technician time during the coming year. it desires a $38 profit marigin per hour of labor and an B0sis profit on parts it esticnates the total invoice cost of parts and materials in 2020 will be $7.42.000 RCE has just received a request for a bid from Buil Builders on a $1,233,000 new home. The company estimates that it would require 80 hours of labor and $36,300 of parts. Compute the total estimated bill. Total estimated bill
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