In Time-And-Material Pricing, a Material Loading Charge Covers All of the Following

question 58

Multiple Choice

In time-and-material pricing, a material loading charge covers all of the following except

• A) purchasing costs.
• B) related overhead.
• C) desired profit margin.
• D) All of these are covered.

---

Definitions:

Payroll Taxes

Taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.

Indirect Labor

Labor costs associated with the production process that cannot be directly linked to specific units or products, such as maintenance personnel salaries.

Manufacturing Equipment

Machines and tools used in the process of producing goods.

Direct Materials

Direct materials are raw materials that can be directly attributed to the production of goods.