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Find what should be total cost estimate for the job

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Reference no: EM132650113

You are working on estimating a one-of-a kind job for a customer. Your customer has agreed that Direct Labor Hours is a fair method to use for overhead. Your estimate for your customer is as follows:

Direct Materials for this job $85,000
Indirect Materials for this job $3,000
Direct Labor for this job $16,000
Direct labor hours for this job 200
Overhead (including all indirect
Costs) for this job per direct
Labor hour $24

Question 1: What should be your total cost estimate for this job

Reference no: EM132650113

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