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Homework answers / question archive / 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

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

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. 
 

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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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