Question: Current Attempt in Progress Flounder Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes, On aewly constructed homes it


Current Attempt in Progress Flounder Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes, On aewly constructed homes it provides bids using time-and material pricing. The following budgeted cost data are available The company has budgeted for 5,625 hours of technician time during the coming year. It desires a $38 profit margin per hour of labor and an 86% profit on parts. It estimates the total invoice cost of parts and materials in 2022 will be $630,000. RCE has just received a request for a bid on a security and home entertainment system from Buil Builders on a 11,080,050 new home. The company estimates that the job would require 80 hours of labor and $36,000 of parts. Compute the total estimated bill. Total estimated bill $
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