A business has been commissioned to produce a new machine for a customer. The following estimates are given. Materials are expected to cost $1100. Labour will take 30 hours and will cost $14 per hour. The business applies overheads at $10 for each labour hour and adds a mark-up of 30% to the total cost. What is the price on the job cost sheet?
- A$1520
- B$1820
- C$1976
- D$2366