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Use the Following Information to Answer the Following Questions

Question 65

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Use the following information to answer the following Questions
Ralph’s Auto Repair uses time and material pricing. The body shop, which anticipates 10,000 direct labor hours of activity, has the following data:
Use the following information to answer the following Questions Ralph’s Auto Repair uses time and material pricing. The body shop, which anticipates 10,000 direct labor hours of activity, has the following data:    -Assuming there is no profit markup on material cost, the amount to be added to each dollar of material cost to obtain the total material charge is: A)  $0.06. B)  $0.08. C)  $0.10. D)  $0.13. E)  None of the answers is correct.

-Assuming there is no profit markup on material cost, the amount to be added to each dollar of material cost to obtain the total material charge is:


A) $0.06.
B) $0.08.
C) $0.10.
D) $0.13.
E) None of the answers is correct.

Correct Answer:

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