Which of the following organizations would most likely not use time-and-material pricing?
A) Automobile repair company
B) Engineering firm
C) Custom furniture manufacturer
D) Public accounting firm

Question

Quizplus · Accepted Answer

Custom furniture manufacturers typically use job costing to determine the price of their products, which involves estimating the costs of materials and labor specific to each job rather than billing based on time and materials. This method is more suitable for custom, one-off productions rather than services that can be quantified in hours and material costs.

Which of the Following Organizations Would Most Likely Not Use