With the time and material pricing method the hourly time, Ask an Expert

Accounting

With the time and material pricing method, the hourly time charge is typically set equal to:

A) the hourly labor cost.

B) the hourly labor cost + annual overhead.

C) the hourly labor cost + an hourly overhead charge + an hourly charge to cover the profit margin.

D) annual overhead + an hourly charge to cover the profit margin.

E) the hourly labor cost + an hourly charge to cover the profit margin.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9442008

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