Question: Construction Cost Analysis and Estimating: A project requires 17,000 allowed hours. Location of the work is above the arctic circle, and the efficiency is estimated

Construction Cost Analysis and Estimating:

A project requires 17,000 allowed hours. Location of the work is above the arctic circle, and the efficiency is estimated as 45%. Is the gross hourly cost is $50, then what is the estimated cost? If the work is in Texas, hourly cost is $30, and an efficiency of 85% is assumed, then what is the cost of direct labor?

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