Which of the Following Statements About Time and Material Pricing

question 60

Multiple Choice

Which of the following statements about time and material pricing is/are true?
i. The labour charge includes the direct cost of the employee's time.
ii. The labour charge includes a charge to cover various overhead costs.
iii. The labour charge includes a handling charge for material.

• A) i
• B) i and ii
• C) i and iii
• D) All of the given answers

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