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,

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 available. The company has budgeted for 5.100 hours of technician time during the coming year. It desires a $38 proft margin per hour of labor and an 80% profit on parts, It estimates the total invoice cost of parts and materials in 2020 will be 5742.000

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