NMC sub-contractor labour-only to various building firms at a charge of $10.00 per man-hour. Its overheads per year are $24,600 and the wage bill is…

NMC sub-contractor labour-only to various building firms at a charge of $10.00 per man-hour. Its overheads per year are $24,600 and the wage bill is $62,000. H many chargeable man-hours would it have to contract for to break even? The business expects to work 48 weeks in a year.

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