The three components added together to arrive at the total c

The three components added together to arrive at the total cost for a job under time- and-material pricing are:

a)

b)

Solution

Solution:

d) the labor charge, the materials themselves, and the material loading charge.

Explantion: Time and material pricing is based on the concept that labour charges are charged at a fixed hourly rate and materials at cost and the material loading charge. Labour charges cannot be termed as variable because generally labour rate is the market rate and not the actual rate charged to the labour.