Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate, including fringe benefits Annual labor hours Annual materials purchases Materials purchasing, handling, and storage Overhead for depreciation, taxes, insurance, etc. Target profit margin for both labor and materials What should Shale set as rate per hour of labor hour? $250. $200. 75 per hour 6,350 hours $1,206,250 $ 241,250 $ 666,750 25 %

Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: What should Shale set as rate per hour of labor hour? $250. $200. Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: What should Shale set as rate per hour of labor hour? $250. $200