Use the following information to answer the following Questions
Ralph’s Auto Repair uses time and material pricing. The body shop, which anticipates 10,000 direct labor hours of activity, has the following data:
-If a particular job takes 20 hours of labor and $800 of materials, the price charged for the job is:
A) $1,380.
B) $1,444.
C) $1,530.
D) $1,594.
E) None of the answers is correct.
Correct Answer:
Verified
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I.
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A) The initial price
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