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Morris and Sandra are working on a project together. Morris has been asked to look into employee wages and benefits as well as the desired
Morris and Sandra are working on a project together. Morris has been asked to look into employee wages and benefits as well as the desired profit margin. Sandra is looking into all overhead costs for the company. What is the connection between these topics? Wages and benefits and desired profit margins are used to determine the overhead costs for the company. The overhead costs for the company as well as the profit margin are used to determine employee wags and benefits. All three are used to find the rate charged per hour of labor. All three are used to determine the time charges within the total budgeted costs for the company
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