PM WA 4 Alex Swenda

PM WA 4 Alex Swenda - Written Assignment 4 Alex Swenda...

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Written Assignment 4 Alex Swenda MAN-435-OL009: Project Management Mentor: Mark Aglio
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WA 4 2 1. Calculate the direct cost of labor for a project team member using the following data: Hourly Rate: $40/hr Hours Needed: 120 Overhead rate: 45% The labor costs are as follows: Hourly rate x Hours needed x Overhead charge = direct cost of labor $40 x 120 x 1.45 = $6960.00 2. 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? Name Hours Needed Overhead Charge Personal Time Rate Hourly Rate Total Direct Labor Cost Sandy 40 1.35 1.12 $17/hr $1028.16 Chuck 100 1.80 1.12 $31/hr $6249.60 Bob 80 1.35 0 $9/hr $972.00 Penny 65 1.80 1.12 $34/hr $4455.36 Total Direct Labor Cost = $12705.12
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WA 4 3 3. Assume that overhead is charged on a flat rate basis. Each member of the project is assigned an overhead charge of $200/week. What would the direct cost of labor be for an employee, given
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PM WA 4 Alex Swenda - Written Assignment 4 Alex Swenda...

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