Question: QS 2 3 - 2 1 ( Static ) Time and materials pricing LO A 1 Meng uses time and materials pricing. Its time charge

QS 23-21(Static) Time and materials pricing LO A1
Meng uses time and materials pricing. Its time charge per hour of direct labor is $55. Its materials markup is 30%.
What price should Meng quote for a job that will take 80 direct labor hours and use $3,800 of direct materials?

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