Ramp up 20two projects of equal value have been evaluated, Ask an Expert

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Ramp Up 20

Two projects of equal value have been evaluated using a multifactor productivity measure that combined labor-hours at $30 per hour and overhead expense calcu- lated as 20% of labor expense.

The two projects were judged to have been equally productive, although the first project used twice as many labor-hours. At what rate was overhead expense being charged to the second project?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92792725

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