During the fiscal year ending March, 31, 20X1, Contract B incurred $10,000,000 of direct labor dollars and total cost input (excluding G&A) of $30,000,000. The cost of money factor for overhead, which is based on direct labor dollars, is 1.00000%. The cost of money factor for G&A, which is based on total cost input, is .500000%. What is the facilities cost of money applicable to Contract B?

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To calculate the facilities cost of money applicable to Contract B we need to determine the ... View the full answer