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How are wages and benefits, overhead costs, and desired profit margins related to one another? A: All three are used to find the rate charged
How are wages and benefits, overhead costs, and desired profit margins related to one another?
- A:
- All three are used to find the rate charged per hour of labor.
- B:
- All three are used to determine the time charges within the total budgeted costs for the company.
- C:
- All three are used to determine the total price of materials.
- D:
- All three are included on the time-and-material price quotation sheet in order to help customers see the charges
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