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Direct labour is $50 per hour and the overhead is calculated at 75 per cent of direct labour, assuming there is zero profit margin, What

Direct labour is $50 per hour and the overhead is calculated at 75 per cent of direct labour, assuming there is zero profit margin, What is the charge out rate?

Select one:

a.

$37.50

b.

$50

c.

$63

d.

$75

e.

$87.50

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