Weng CPAs charges for their services based on the following: Labor rate$160per hourMaterials markup 40% Using time and materials pricing, what is the total price for services requiring 8 labor hours and $50 of materials?
A. $1,450.
B. $1,330.
C. $1,360.
D. $1,350.
E. $1,300.
Answer: D
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