Question: Consider the following costs associated with all work packages (WP A and WP B) of a project: WP Labor hours Type 1 Labor hours Type

Consider the following costs associated with all work packages (WP A and WP B) of a project:

WP

Labor hours Type 1

Labor hours Type 2

Labor hours Type 3

Material

Equipment

Subcontracts

Other

A

30

30

10

$500

$100

$8000

$300

B

5

20

60

$200

$1,000

$2000

$400

The rate of Labour hours Type 1 is $15.

The rate of Labour hours Type 2 is $25.

The rate of Labour hours Type 3 is $35.

Calculate the total cost of the project.

Consider the following costs associated with all work packages (WP A and WP B) of a project:

WP

Labor hours Type 1

Labor hours Type 2

Labor hours Type 3

Material

Equipment

Subcontracts

Other

A

30

30

10

$500

$100

$8000

$300

B

5

20

60

$200

$1,000

$2000

$400

The rate of Labour hours Type 1 is $15.

The rate of Labour hours Type 2 is $25.

The rate of Labour hours Type 3 is $35.

Calculate the total cost of the project.

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