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winifrede

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Active 5 years ago
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  • February 16, 2020 at 11:49 pm #562052
    mysterywinifrede
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    Good day John and thank you for all the free lecture ?

    My question is: how did the 100 come about since it wasn’t stated in the question.

    What I did earlier was
    10% X 4590 = 459.

    Then I subtracted 459 from the 4590 hours given = 4131

    Next, 4131 X $8 = $33,048.

    Could you explain why you used a 100 as the Margin part of Cost-Plus Pricing is a bit of a challenge considering you used the same method of using a 100.

    Thank you.

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