A labor rate that takes into consideration, and is thereby “loaded with” all the Variable Overhead and Fixed Overhead costs and Net Profit associated with a unit of labor (wage/salary + benefits + overhead costs + profit margin).
A labor rate that takes into consideration, and is thereby “loaded with” all the Variable Overhead and Fixed Overhead costs and Net Profit associated with a unit of labor (wage/salary + benefits + overhead costs + profit margin).
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