The First Step for Time-And-Material Pricing Is to Calculate the

question 96

Multiple Choice

The first step for time-and-material pricing is to calculate the

• A) charge for obtaining materials.
• B) charge for holding materials.
• C) labor charge per hour.
• D) charges for a particular job.

---

Definitions:

Common Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by investors, including those held by institutional investors and company officers.

Net Income

The total earnings of a company after deducting all expenses, including taxes and operating costs, from its total revenue.

Weighted-Average

A calculation that takes into consideration the varying degrees of importance of the numbers in a data set.

Cash Dividends

Cash Dividends are payments made by a corporation to its shareholder members. It is a share of profits and retained earnings that the company pays out to its shareholders.