The Last Step in Determining the Material Loading Charge Percentage

question 83

Multiple Choice

The last step in determining the material loading charge percentage is to

• A) estimate annual costs for purchasing, receiving, and storing materials.
• B) estimate the total cost of parts and materials.
• C) divide material charges by the total estimated costs of parts and materials.
• D) add a desired profit margin on the materials themselves.

---

Definitions:

Investment Property

Real estate property that has been purchased with the intention of earning a return on the investment either through rental income, the future resale of the property, or both.

Current Tax Liability

The amount of taxes a company is obligated to pay to governmental entities within the current year, based on its earnings.

Non-Current

Assets or liabilities expected to be realized, settled, or consumed beyond one year or the normal operating cycle, whichever is longer.

Current

In financial terms, "current" often relates to assets and liabilities that are expected to be sold, used, or settled within one year.