A Work Element in the Project Plan Requires 50 Hours

question 44

Multiple Choice

A work element in the project plan requires 50 hours of labor each by four carpenters.The carpenters are paid $15 per hour and incur an overhead rate equal to 80 percent of their direct labor charges.Based on this data,the appropriate total cost is __________.

• A)$2,400
• B)$3,000
• C)$4,600
• D)$5,400

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Definitions:

Merchant

A person or company engaged in the business of selling goods or services.

Agent

An individual or entity authorized to act on behalf of another (known as the principal) in dealings with third parties.

Infant

An infant refers to a very young child or baby, often defined legally as a person under a certain age, typically under one year old, but the term can extend to younger children in different contexts.

Contract

An enforceable arrangement under law, involving multiple parties.