A work element in the project plan requires 40 hours of labor each by five welders. The welders are paid $25 per hour and incur an overhead rate equal to 75 percent of their direct labor charges. The welders also consume 10 percent of the workday performing personal activities. Based on this data, what is the appropriate cost?

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To find the appropriate cost lets break down the various components 1 Direct labor cos... View the full answer