Question: 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
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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
