$4.$The table below shows the estimate for a project in which you have been assigned the project manager $($PM$).$ The previous PM was in the process of developing the cost estimate when she was promoted and asked to lead a more complex project. You were asked to take over and you jumped at it the opportunity to lead your first project. Your next deliverable as the new PM is to complete the cost estimate below. When completing the cost estimate you$$re expected to make some reasonable assumptions since you don$$t have all the facts. $(20$ points$)$ The table below shows the estimate for a project in which you have been assigned the project manager $($PM$).$ The previous PM was in the process of developing the cost estimate when she was promoted and asked to lead a more complex project. You were asked to take over and you jumped at it the opportunity to lead your first project. Your next deliverable as the new PM is to complete the cost estimate below. When completing the cost estimate you're expected to make some reasonable assumptions since you don't have all the facts. $(20$ points$)$

a$.$ What is your cost of testing? Note you can make any assumption but clearly state the assumption. $(10$ points$)$

b$.$ What is the total amount estimated for the flexible account? $(10$ points$)$

$\backslash$table$[[\backslash$table$[[$Level$],[$Item$]],$Item,Unit$/$Hrs$,$Unit Cost,Total,$\backslash$table$[[$Calculate $\%$ of$],[$cost allocated$],[$to each level$],[$item$]]],[1,$PM$,,,,],[$PM$,240,80,19,200\mathrm{.}00,],[$Project teams,$480,70,33,600\mathrm{.}00,],[$members$,,,,],[2,$Hardware,,,,$],[$Equipment T$1,200,300,60,000\mathrm{.}00,],[$Equipment T$2,4,8000,32,500\mathrm{.}00,]]\backslash$table$[[,,,,,],[,\backslash$table$[[$Software$],[$Development$]],,,,],[,,,,,],[4,$Testing,,,?,$],[,,,,,],[5,\backslash$table$[[$Flexible account$/$buffer $($Allocated$],[$to traveling, training, Team skill$],[$development$,$ administration, and$],[$meeting$)]],,,?,]]$

a$.$What is your cost of testing? Note you can make any assumption but clearly state the assumption. $(10$ points$)$

b$.$What is the total amount estimated for the flexible account? $(10$ points$)$

Level Item Item Unit$/$Hrs Unit Cost Total Calculate $\%$ of cost allocated to each level item

$1$ PM $$

$$ PM $2408019,200\mathrm{.}00$

$$ Project teams $4807033,600\mathrm{.}00$

$$ members $$

$$

$2$ Hardware $$

$$ Equipment T$120030060,000\mathrm{.}00$

$$ Equipment T$24800032,000\mathrm{.}00$

$$

$3$ Software $$

$$ Development $501005,000\mathrm{.}00$

$$

$4$ Testing $?$

$$

$5$ Flexible account$/$buffer $($Allocated to traveling, training, Team skill development, administration $,$ and meeting$)?$

$$

$6$ Total Project Cost $198,750\mathrm{.}00$