This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When considering offering a position to a new technician for a hourly flat rate of 20.00 what ... (Read 72 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
on: Jun 23, 2018
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
Reply #1 on: Jun 23, 2018
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
YES! Correct, THANKS for helping me on my review

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

The role of leptin in regulating appetite and metabolic rate. The role of leptin in regulating appetite and metabolic rate.
The Rate Law The Rate Law
Testing the Achilles tendon reflex with client in a supine position Testing the Achilles tendon reflex with client in a supine position
A baseball (1 kg) has an energy of 100 joules. If its uncertainty in position is 1 m, what is ... A baseball (1 kg) has an energy of 100 joules. If its uncertainty in position is 1 m, what is ...
A constant uniform magnetic field of 0.50 T is applied at right angles to the plane of a flat ... A constant uniform magnetic field of 0.50 T is applied at right angles to the plane of a flat ...
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library