Calculate the direct and total direct costs of labor for a project team member using the following
Question:
Calculate the direct and total direct costs of labor for a project team member using the following data:
Hourly rate: $50/hr
Hours needed: 100
Overhead rate: 30%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
Direct Cost of ...View the full answer
Answered By
Felix Onchweri
I have enough knowledge to handle different assignments and projects in the computing world. Besides, I can handle essays in different fields such as business and history. I can also handle both short and long research issues as per the requirements of the client. I believe in early delivery of orders so that the client has enough time to go through the work before submitting it. Am indeed the best option that any client that can think about.
4.50+
5+ Reviews
19+ Question Solved
Related Book For
Project Management The Managerial Process
ISBN: 9781260570434
8th Edition
Authors: Eric W Larson, Clifford F. Gray
Question Posted:
Students also viewed these Business questions
-
Calculate the fully loaded cost of labor for a project team member using the following data: Hourly rate ..$35/hr. Hours needed.150 Overhead rate .55%
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Calculate the direct cost of labor for a project team member using the following data: Hourly rate: $35/hr. Hours needed: 150 Overhead rate: 55%
-
Rosa's employer has instituted a flexible benefits program. Rosa will use the plan to pay for her daughter's dental expenses and other medical expenses that are not covered by health insurance. Rosa...
-
A friend of yours has just learned about Monte Carlo simulation methods and has asked you to do a simulation of a complicated decision problem to help her make a choice. She would be happy to have...
-
European Patents. Cincera (1997) performed count panel data regressions of patent activity using 181 international manufacturing firms investing substantial amounts in R\&D over the period 1983 to...
-
In a vapour compression refrigeration system, the condition of refrigerant before entering the compressor is (a) saturated liquid (b) wet vapour (c) dry saturated liquid (d) superheated vapour
-
Exhibit contains the income statements and balance sheets of The Hershey Company, manufacturer of such well-known products as Hersheys chocolate bars, Reeses peanut butter cups, Almond Joy candy...
-
A bank starts with ALL of $2.965 million at the beginning of the year, charges off worthless loans of $0.436 million during the year, recovers $0.068 million on loans previously charged off, and...
-
Jimmy owns a garden in which he has planted N trees in a row. After a few years, the trees have grown up and now they have different heights. Jimmy pays much attention to the aesthetics of his...
-
Why is the range so much higher for IT projects than construction projects?
-
Calculate the direct cost of labor for a project team member using the following data: Hourly rate: $50/hr Hours needed: 120 Overhead rate: 40%
-
Lisbie plc makes the following acquisitions during 2016. Fixtures are depreciated at 20% using reducing balance. A full years depreciation is provided in the year of purchase. Machinery is...
-
What mechanisms do cells employ to regulate gene expression at the epigenetic level, and how can these mechanisms influence cell differentiation and development ?
-
How should follow-up actions and next steps be communicated in a business proposal? Explain the importance of outlining clear action items and the process for ensuring they are carried out.
-
5. A 2.0 kg trolley moving east at 3.0 m/s collides head-on with a 1.0 kg trolley moving west at 2.0 m/s.. After the collision, the 2.0 kg trolley has a velocity of 1.0 m/s [E]. [4 marks] (a) What is...
-
Miller Company's contribution format income statement for the most recent month is shown below: Sales (32,000 units) Variable expenses Total $ 224,000 128,000 Contribution margin 96,000 Per Unit $...
-
What role do ethics have in the corporate communication style "Securing Continuity" for a company like Dow Chemical.
-
If the two reactions described in this section were E1 elimination reactions, what value would you expect to obtain for the deuterium kinetic isotope effect?
-
A firm has the following balance sheet: Assets Cash Accounts receivable Inventory Plant and equipment $ 15,000 150,000 92,000 170,000 $427,000 Liabilities and Equity Accounts payable Long-term debt...
-
1. If you were Palmer at the end of the case, how would you respond? 2. What, if anything, could Palmer have done to avoid losing Olds? 3. What advantages and disadvantages of a matrix type...
-
1. What recommendations would you make to Rosas about organizing the Jaguar project, and why? The office erupted into cheers when it was announced over the PA system that ORION had just been awarded...
-
1. What are the major changes between this plan and the way ORION has managed projects in the past? 2. How well do you believe these changes deal with the problems identified in Part A? 3. Who is...
-
The weekly salaries (in dollars) of 24 randomly selected employees of a company are shown below: 310 320 450 460 470 500 520 580 600 650 700 540 710 840 870 900 1000 1200 1250 1300 1400 1720 2500...
-
(a) Assume a non-dividend paying asset St, undergoes geometric Brownian motion dS = S+dt+S+dWt where W is a standard Brownian motion and and are constants. We assume also that r, the risk-free...
-
Eleanor is auditing a large manufacturing company. Currently, she is looking at the entire population of inventory purchases for the year, and matching the purchase order, receiving documentation,...
Study smarter with the SolutionInn App