Example A vendor is considering a fixed-price contract where the productive hr cost rates will be quoted. The vendor uses a markup of sales value method of pricing. Markup rates depend on the machine center. Machine 49.16 15 90 Center A Machine 95.93 25 50 Center b Assembly 43 22 20 Finishing 47.38 15 25 What are the fixed-price quotations for each center? Example cont'd . Given the customer's estimate for the job times, what is the fixed price quote for the job? Example A vendor is considering a fixed-price contract where the productive hr cost rates will be quoted. The vendor uses a markup of sales value method of pricing. Markup rates depend on the machine center. Machine 49.16 15 90 Center A Machine 95.93 25 50 Center b Assembly 43 22 20 Finishing 47.38 15 25 What are the fixed-price quotations for each center? Example cont'd . Given the customer's estimate for the job times, what is the fixed price quote for the job