Question: 18. On the bill for a Time & Materials contract, you see the following line items. LABOR Labor Category Labor Rate Hours Used Designer $200/hour

18. On the bill for a Time & Materials contract, you see the following line items. LABOR Labor Category Labor Rate Hours Used Designer $200/hour 100 Architect $300/hour 200 Engineer $250/hour 400 MATERIALS Item Cost Fee Building Materials $300,000 5% Tools $200,000 -- Vehicle Rental $50,000 2% How much does your project owe?

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