In time-and-material pricing, the charge for a particular job is the sum of the labor 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 particular job is the sum of the labor charge and the materials charge, plus an additional material loading charge to cover the cost of purchasing and handling the materials. Therefore, the best choice is D, which includes the labor charge, materials charge, and material loading charge.

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