2. A crew comprising of 5 laborers, 1 operator, 0.5 labor foreman is observed to take...
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2. A crew comprising of 5 laborers, 1 operator, 0.5 labor foreman is observed to take 5 days (40 hours) to excavate 2,000 CY of heavy soil. If the wage rate of laborers is $20.00/hour, foreman are $35.00/hour, and operators are $44/hour, find the unit cost of labor for excavation for this project. (5 Points) 2. A crew comprising of 5 laborers, 1 operator, 0.5 labor foreman is observed to take 5 days (40 hours) to excavate 2,000 CY of heavy soil. If the wage rate of laborers is $20.00/hour, foreman are $35.00/hour, and operators are $44/hour, find the unit cost of labor for excavation for this project. (5 Points)
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To find the unit cost of labor for excavation for this project we can follow these steps 1 Calcu... View the full answer
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Managerial Economics and Business Strategy
ISBN: 978-0071267441
7th Edition
Authors: Michael R. baye
Posted Date:
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