The labour charge per hour in time-and-material pricing includes all of the following EXCEPT
A)an allowance for a desired profit.
B)charges for labour loading.
C)selling and administrative costs.
D)overhead costs.

Question

Quizplus · Accepted Answer

Charges for labour loading are not typically included in the labour charge per hour in time-and-material pricing. Labour loading refers to the allocation of labour costs to specific jobs or projects, rather than being a direct component of the hourly labour charge.

The Labour Charge Per Hour in Time-And-Material Pricing Includes All