Question: The average charge for billable hours is $ 3 0 0 and the average cost per labor hour is $ 1 0 0 . Invested

The average charge for billable hours is $

300

and the average cost per labor hour is $

100 .

Invested capital is exclusive of information technology investment. The productivity of an individual factor involves comparing the cost of that input factor to the value of the output, which is billable hours

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