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 60 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
Excellent


AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library