Mathematics, 17.10.2021 09:40 maryb37

An advertising agency is estimating costs for promoting a music festival. The job will require 200 direct labor hours at a cost of $50 per hour. Overhead costs are applied at a rate of $65 per direct labor hour. 1. What is the total estimated cost for this job?
2. If the company applies a markup of 20% of total costs (price quote is 120% of total costs), what price should it quote for this job?

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An advertising agency is estimating costs for promoting a music festival. The job will require 200 d...

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