Consider the following statements about time and material pricing: I. The time charge includes the direct cost of an employee's time. 
II. The time charge includes an amount to cover various overhead costs. 
III. The material charge includes a handling charge for material. 

Which of the above statements is (are) true?

A. I and II.
B. I only.
C. II and III.
D. I, II, and III.
E. I and III.


Answer: D

Business

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