This topic contains a solution. Click here to go to the answer

Author Question: When considering offering a position to a new technician for a hourly flat rate of 20.00 what ... (Read 63 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
When considering offering a position to a new technician for a hourly flat rate of 20.00 what percentage should take into consideration to add to the rate to calculate total cost to the shop for this new employee?
 
  What will be an ideal response?

Question 2

What is the advantage or disadvantage in the Hourly Rate Pricing method?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

20 to 40

Answer to Question 2

Hourly rate make it more difficult for the shop to be competitive for common jobs; does not allow for a upfront estimate to be given which is required by law in most states.
It does have the advantage of allowing the charge to the customer for the actual time needed in complex and difficult repairs that are outside the norm.




HudsonKB16

  • Member
  • Posts: 535
Reply 2 on: Jun 23, 2018
Wow, this really help


ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library