Question: A project has the following data: Setup cost (Assembly operation): $75,000 Direct cost of Labor cost: Hourly rate is $40/hr and total hours needed: 400

A project has the following data: Setup cost

A project has the following data: Setup cost (Assembly operation): $75,000 Direct cost of Labor cost: Hourly rate is $40/hr and total hours needed: 400 hrs. Material cost: $80,000 Overhead cost: Overhead rate is 45% of direct cost: i. What is the overhead cost? Question 7 A project has the following data: Setup cost (Assembly operation): $75,000 Direct cost of Labor cost: Hourly rate is $40/hr and total hours needed: 400 hrs. Material cost: $80,000 Overhead cost: Overhead rate is 45% of direct cost: Q. What is the total cost of the item (setup + direct + overhead cost)? Question 8 A project has the following cost data: Setup cost (Assembly operation): $75,000 Direct cost of Labor cost: Hourly rate is $40/hr and total hours needed: 400 hrs. Material cost: $80,000 Overhead cost: Overhead rate is 45% of direct cost: With 30% profit, what is the total project estimate (Total cost + profit)

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