Question

You are going to manufacture a product which has the following cost contributors:  $ 100.25...

You are going to manufacture a product which has the following cost contributors:

 $ 100.25 materials

 $1040.10 labor

If labor overhead is 280%, material overhead is 6%, and general and administrative expenses are 38%, what would the sell price be if you wanted to make a 44% on sell price? NOTE: the labor and material costs are the totals required to make 100 units.

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