I will pay 50.00 for five easy questions on Project Management, 75 words each citation not required.Question 1 Calculate the direct cost of labor for the project team using the following data. What ar
Assessment IV
Question 1
Calculate the direct cost of labor for the project team using the following data. What are the costs for the individual project team members? What is the overall direct cost of labor? Your response should be at least 75 words in length.
Name | Hours Needed | Overhead Charge | Personal Time Rate | Hourly Rate | Total Direct Labor Cost |
Jonathan | 60 | 1.35 | 1.12 | 17/hr |
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Susan | 120 | 1.8 | 1.12 | 31/hr |
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Debra | 40 | 1.35 | 0 | 9/hr |
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Bobby | 65 | 1.8 | 1.13 | 34/hr |
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Question 2
What is the difference between direct and indirect costs? What is the difference between fixed and variable costs? Define, compare, and contrast each within the context of a project. Your response should be at least 75 words in length.
Question 3
Calculate the direct cost of labor for a project team member using the following data: hourly rate: $75/hour; hours needed: 180; and overhead rate: 45%
Your response should be at least 75 words in length.
Question 4
Calculate the direct cost of labor for a project team member using the following data: hourly rate: $55/hour; hours needed: 150; and overhead rate: 35%
Your response should be at least 75 words in length
Question 5
Calculate the direct cost of labor for the project team using the following data. What are the costs for the individual project team members? What is the overall direct cost of labor? Your response should be at least 75 words in length.
Name | Hours Needed | Overhead Charge | Personal Time Rate | Hourly Rate | Total Direct Labor Cost |
Johnathan | 40 | 1.25 | 1.12 | 15/hr |
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Susan | 100 | 1.75 | 1.12 | 21/hr |
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Debra | 80 | 1.35 | 0 | 11/hr |
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Bobby | 55 | 1.8 | 1.13 | 44/hr |
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