Question: (X points) Calculate the fully loaded hourly rate for each of the four labor categories 2 shown in the table below. What is the average
(X points) Calculate the fully loaded hourly rate for each of the four labor categories 2 shown in the table below. What is the average hourly rate for the entire project? Project Budget Direct Labor Rate/Week Person-Weeks Cost $10,000 7,000 1,500 - 1.200 S19,700 S 5.910 $25,610 $17927 $43,537 10 10 $1,000 Senior software engineer Software engineer Documentation specialist Training Specialist 700 500 600 Fringe benefits @ 30% Overhead @ 70% Other Direct Costs 25 Subtotal I Subtotal 2 1. Software 2. Training Materials $8,000 L000 $52,537 Subtotal3 General & administrative @ 15% $60,418 6.042 $66,460 Total Cost Fee (profit) @ 10% Cost and Fee (Price)
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