Question: A consulting engineering company is proposing a project that it estimates will require 190 hours of work. If their company-wide labor rate is $72.00 per

A consulting engineering company is proposing a project that it estimates

A consulting engineering company is proposing a project that it estimates will require 190 hours of work. If their company-wide labor rate is $72.00 per hour. Based on work the company has performed in recent years, their Labor Utilization Rate is 69.4% and their Break Even Multiplier is 2.1. The company wants to target a Profit of 37% for this project. a) What is the Direct Labor Cost? b) What is the Total Labor Cost? c) What is the Indirect Cost? d) What is the Total Cost e) How much should the company charge for this project? f) What is the Effective Labor Multiplier? g) How much will this project contribute to non-labor indirect costs of the company

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