Question: Assume that overhead is charged on a flat-rate basis. Each member of the project is assigned an overhead charge of $200/week. What would the direct

Assume that overhead is charged on a flat-rate basis. Each member of the project is assigned an overhead charge of $200/week. What would the direct cost of labor be for an employee, given that he is assigned to the project for 500 hours at $24/hour?

Given that each employee works only 40 hours per week.

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