Question

Please use Internet services as an example ( AT&T, xfinity, spectrum, etc )

Description: Come up with a service that you can do for profit that involves billing customers for your time and the materials used to repair, upgrade, or service something. It has to involve both your time and materials that you purchase.

1. Determine a labor rate to charge your customers. This rate should include not only the cost of your time working on the repair, but also the cost of your taxes, transportation, benefits, paperwork, etc, and also a profit for your business. The labor rate should be in the form of dollars per hour.

2. Determine a material overhead rate to add to the cost of the parts you will need to use for the repair. For example, if you are going to paint a house, you will have the cost of the paint, but also a rate to add to that cost to cover time spent buying, picking up, storing, paperwork, etc.

Answer 1

Solution Let u prouide Services of Reprir up ade of equipments electronic to chage your be included. not Delermine La bour Customers late the lest re rati should ony on the repair. of your time :.Labour Tate Changed to Cstomers Amaunt Araticeulavs Cost of time oorting on Sepair O-2 Beni fets to la bouy O-6 6. ime ide of Cost 6-3 Con sumables Proft 2.8. $ Total Labeur 9ate chargd to costomer 2.8 per hour a matevial avev head rate Determine to add to the Cest of the parts you wi need to use for the enair

Over head ate Halerials Particularf Amount Cost of spre part 3. gequired for sepeif O.02 Cest orcking O.3 Cost Stonge unlendinf (oadi ng and wo&k paper Cost of aefective Smve part O-3 Tates on pre pa Totel The malerial oveshoad 2cete $4.82 per unit