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A company forecast $303,000 of direct expenses, $270,000 of overhead expenses, and $57,300 of general and administrative (G&A) expenses. The company uses a Total Cost

A company forecast $303,000 of direct expenses, $270,000 of overhead expenses, and $57,300 of general and administrative (G&A) expenses. The company uses a Total Cost Input (TCI) base for calculating the G&A rate. What is the G&A rate?

  • 15%
  • 25%
  • 10%
  • 19%

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