Carly's Clips charges for their grooming services based on the following: Direct labor rate $71per hour Materials markup 30% Using time and materials pricing, what is the total price for a job requiring 3 direct labor hours and $61 of materials? Multiple Choice 0 $292

Accounting May 02, 2021

Carly's Clips charges for their grooming services based on the following:

Direct labor rate $71per hour Materials markup 30%
Using time and materials pricing, what is the total price for a job requiring 3 direct labor hours and $61 of materials?
Multiple Choice

0 $292. 0 $305.
CD $274.

Expert Solution

Computation of Total Price for a Job:

Particulars	Amount
Materials	$61
Materials Markup (30% of $61)	$18.30
Direct Labor (3 Hours @ $71 per hour)	$213

Total Price for Job	$292.30

So, the correct option is 3rd "$292".

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