Your company installs furnaces. You were awarded 3 installations at $4680 per job. If the material for each job is $2950 and the labor cost is as follows
Job 1: 23 hours at $66 per hour
Job 2: 32 hours at $58 per hour
Job 3: 29 hours at $65 per hour
What profit or loss did you make on the 3 jobs?
- Question Help:
- Worked Example 1