Contractor ZYX is developing a proposal for a Government contract and needs to determine its indirect costs for the contract. ZYX's material overhead rate is 89%, labor overhead rate is 111%, and G&A rate is 70%. ZYX's direct material cost is $156,000, direct labor cost is $2,600,000, and G&A base is $890,000. What is ZYX's indirect labor cost?

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To calculate ZYXs indirect labor cost we first need to find the total indirect ... View the full answer