Rachel, a Project Manager, Has Undertaken a Project to Build

question 12

Multiple Choice

Rachel, a project manager, has undertaken a project to build a wall around a compound. She estimates that the cost of materials will be $520 and labor costs will be $10 for 20 hours. If the overheads for this project are 50 percent of the labor and material costs, the total cost will be:

• A) $1080.
• B) $1,560.
• C) $880.
• D) $780.
• E) $960.

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Definitions:

Selling And Delivery

Activities associated with marketing and transporting goods to the customer.

Electronic Commerce

The buying and selling of goods and services through the internet or other electronic systems.

Joint Innovations

Collaborative efforts between companies or individuals to create new products, services, or technologies.

Economic Order Quantity

The optimal quantity of inventory to order that minimizes the total costs associated with ordering and holding inventory.