Question 1 calculate the fully loaded cost of labor for, Ask an Expert

Management Studies

Question: 1. Calculate the fully loaded cost of labor for your Project Engineer using the following data:

Hourly rate: $40/hr

Estimated hours of work: 120

Overhead rate: 65%

Personal time: 15%

2. Assume that overhead is charged on a flat-rate basis. Each member of the project is assigned an overhead charge of $150/week. What would the fully loaded cost of labor be for an employee, given that she is assigned to the project for 200 hours at $10.50/hour?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92669489

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 from your experience and by conducting research online

1. From your experience and by conducting research online explain at least one approach/concept of managing inventory Be sure to mention how you were able to control inventory internally as well as through your supply ch ...

A kristen runs a candy factory her employees work an

A. Kristen runs a candy factory. Her employees work an eight-hour shift during the day and a six hour shift during the evening. The day shift has an average capacity utilization of 93% while the evening shift uses 90% of ...

Questions1 you are considering a car loan with a stated apr

Questions 1. You are considering a car loan with a stated APR of 6% based on monthly compounding. What is the effective annual rate of this loan? 2. Your company wants to raise $10 million by issuing 20-year zero-coupon ...

1 assess how 360 degree feedback may contribute to fixing

1. Assess how 360 degree feedback may contribute to fixing bias on performance management. 2. Job structure development is dependent on a process of job evaluation. Explain this process. 3. Discuss the role of the govern ...

1 how to build your strategic plan whom to involved how to

1. How to build your strategic plan (whom to involved, how to get started, what items are necessary to address, how you determine if your implementations are effective and what are your markers for success). how the stra ...

1 please share an innovative idea with your classmates the

1. Please share an innovative idea with your classmates. The idea can come from the internet, paper, journal or magazine. You post should be at least 100 words in length. 2. How is production planning and control simplif ...

Global strategies have many issues to be concerned with

Global strategies have many issues to be concerned with such as economic, cultural, and legal & political issues. Legal and political issues vary per country. Economic factors involve currency exchange rate, inflation, a ...

1 which of the following is an example of enforcement of

1. Which of the following is an example of enforcement of ethical business behavior by a controlling authority? A) company ethic guidelines B) boycott by an interest group C) newspaper editorial by church leaders D) chil ...

1 three employees of martin enterprises have flown to china

1. Three employees of Martin Enterprises have flown to China to meet with potential business partners there. The three employees are in a disagreement about whether to give gifts to the potential partners. James is from ...

Assume for a moment that you are the owner ndash ceo of a

Assume for a moment that you are the owner – CEO of a small machine and tool company. You have 35 employees, most of whom are highly skilled machinists who belong to Local 999 of the International Brotherhood of Good Guy ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert