Question: please answer what is typed and give explanation. 14-31. COST-PLUS AND MARKET-BASED PRICING. Florida Temps, a large labor contractor, supplies contract labor to construction companies.

 please answer what is typed and give explanation. 14-31. COST-PLUS AND
please answer what is typed and give explanation.

14-31. COST-PLUS AND MARKET-BASED PRICING. Florida Temps, a large labor contractor, supplies contract labor to construction companies. For 2020, Florida Temps has budgeted to supply 82,000 hours of contract labor. Its variable costs are $11 per hour, and its fixed costs are $328,000. Roger Mason, the general manager, has proposed a cost-plus approach for pricing labor at full cost plus 15%. Required 1. Calculate the price per hour that Florida Temps should charge based on Mason's proposal. 2. The marketing manager supplies the following information on demand levels at different prices: Florida Temps can meet any of these demand levels. Fixed costs will remain unchanged for all the demand levels. On the basis of this additional information, calculate the price per hour that Florida Temps should charge to maximize operating income. 3. Comment on your answers to requirements 1 and 2. Why are they the same or different? lefer to question 14-31 part 1. What is the price per hour based on the cost-plus plus pricing model? Based on the information provided by the marketing manager in part 2 , which of the listed cenarios (Identified by price per hour) would result in the highest total contribution? Price per Hour: \$

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