Watkins Company Uses Time and Material Pricing

question 51

Multiple Choice

Watkins Company uses time and material pricing.The time rate is $25 per hour.The material loading charge is 30% for ordering,handling,and storing parts and 10% for the desired profit on materials.Given these data,what would be the total charge for a job that requires 8 hours of labour time and $150 in parts?

• A) $260.
• B) $410.
• C) $430.
• D) $490.