Shale Remodeling Uses Time and Materials Pricing

question 40

Multiple Choice

Shale Remodeling uses time and materials pricing.It is setting prices for next year using the following information: What should Shale set as rate per hour of labor hour?

• A)$250.
• B)$200.
• C)$150.
• D)$225.
• E)$180.

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Definitions:

VIE Theory

An organizational theory that explains motivation through three components: valence, instrumentality, and expectancy.

Valence

Refers to how attractive or unattractive an outcome is for a person.

Dissonance

A state of conflict or inconsistency, typically referring to a clash between thoughts, beliefs, or attitudes.

Reinforcement Theory

A concept in psychology that emphasizes the role of reinforcing stimuli in encouraging desired behaviors by increasing the likelihood of their recurrence.