Question: . Your firm designs PowerPoint slides for computer training classes, and you have just received a request to bid on a contract to produce the
. Your firm designs PowerPoint slides for computer training classes, and you have just received a request to bid on a contract to produce the slides for an 8-session class. From previous experience, you know that your firm follows an 80 percent learning rate. The effort for this contract will be substantial, running 50 hours for the first session. Your firm bills at the rate of $100/hour and the overhead is expected to run a fixed $600 per session. The customer will pay you a flat fixed rate per session. For each session, calculate the following: a. Time for creating the slides
b. Labor cost
c. Overhead
d. Total costs
e. Profit margin (assuming 20%)
f. Cumulative Cost
g. Cumulative Revenue
h. Profit (Cumulative Revenue Cumulative Cost)
During what session will you break even?
What is the answer for ALL of these? Thank you!
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