Question: The equipment cost for a laboratory that plans to specialize in analyzing for endocrine disrupters, pharmaceuticals, and personal care products is $870,000. If the direct

The equipment cost for a laboratory that plans to specialize in analyzing for endocrine disrupters, pharmaceuticals, and personal care products is $870,000. If the direct cost factor is 1.32 and the indirect cost factor is 0.45 (applies to equipment only), determine the expected cost of the laboratory.

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