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Concord Corporation recently billed a customer $950. Labor hours were 7 and the cost of the materials used was $250. If the company's hourlylabor rate

Concord Corporation recently billed a customer $950. Labor hours were 7 and the cost of the materials used was $250. If the company's hourlylabor rate was $75, what material loading charge was used? 40% 30.096 20% 100%

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