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Question
when comparing how the annualizing method is costed versus how the scheduled-position method is costed, one method already has the organizations vacation, holiday, sick pay and other nonproductive days accounted for in the formula that results in a factor. (therefore, this factor is then multiplied times the base hourly rate paid in order to compute cost.) the method that already has nonproductive cost accounted for in the formula is:
a. the annualizing method
b. the scheduled-position method
c. neither of the above
Answer
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