In what circumstances is time-and-material pricing often use

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1. Sheen Co. manufactures a standard cabinet for a DVD player. The variable cost per unit is $16. The fixed cost per unit is $9. The desired ROI per unit is $6. Com- pute the markup percentage on total unit cost and the target selling price for the cabinet.

2. In what circumstances is time-and-material pricing most often used?

3. What is the material loading charge? How is it expressed?

Reference no: EM13888739

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