Question: 1. Compute the average hourly cost to a contractor for a carpenter and 2 electricians. Carpenter works five 9-hour days/week and is paid for 9

1. Compute the average hourly cost to a

1. Compute the average hourly cost to a contractor for a carpenter and 2 electricians. Carpenter works five 9-hour days/week and is paid for 9 hours if he works 8 hours. Whereas electricians work five 8-hour days/week and is paid for 8 hours if he works for 7 hours. Overtime is 1.5x and 1.6x (x times basic wage) for carpenter and electrician respectively. For PL and PD (for both carpenter and electricians) consider $25000/50000 and $25000/100000 respectively (w.r.t. PL and PD). Use 4.95 % for CPP and 1.87% for EI. Consider no subsistence for any of the worker. (Refer to Chapter notes for Building Craft Wages) 35 Marks

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