In time-and-material pricing, the charge for a particular job is the sum of the labour charge and the
A)materials charge.
B)material loading charge.
C)materials charge + desired profit.
D)materials charge + the material loading charge.

Question

Quizplus · Accepted Answer

In time-and-material pricing, the charge for a job includes the labor charge and the sum of the materials charge and the material loading charge, which accounts for overhead and profit related to materials.

In Time-And-Material Pricing, the Charge for a Particular Job Is