Question: What is wrong with developing one overhead and profit mark-up rate for all projects? Over-price for one profit center and underprice work for another. It

 What is wrong with developing one overhead and profit mark-up rate

What is wrong with developing one overhead and profit mark-up rate for all projects? Over-price for one profit center and underprice work for another. It does not consider risk related to different resources and projects. The construction industry is price competitive. Both A and B

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!