Question: 3. Two projects of equal value have been evaluated using a multifactor productivity measure that combined labor-hours at $40 per hour and overhead expense calculated

3. Two projects of equal value have been evaluated using a multifactor productivity measure that combined labor-hours at $40 per hour and overhead expense calculated as 30% of labor expense for the first project. The two projects were judged to have been equally productive, although the first project used twice as many labot-hours. At what rate was overhead expense being charged to the second project

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