This is the answer of part A : B. A proposal for a one year developmental produc
ID: 2548514 • Letter: T
Question
This is the answer of part A :
B. A proposal for a one year developmental product being prepared by the same company has the following cost elements: Materials and other direct costs Purchased parts Subcontracts Raw Materials Travel Consultants $ 175,230 100,000 120,354 40,5200 38,000 Direct Labor Senior engineer Engineer Technician Welder CAD operator 5,220 hrs $46,76/hr 9,250 hrs @ $37.00/hr 10,225 hrs $21,25 /hr 3,870 hrs $25.83/hr 3,400 hrs $28.50/hr Applying a profit and the rates calculated in part A above, arrive at a price for the proposal and enter the appropriate cost elements ot the DD Form 633-4Explanation / Answer
Computation of Price for Proposal Material and Other Direct Cost Purchased part $175,230.00 Subcontract $100,000.00 Raw Material $120,354.00 Travel $40,520.00 Consultant $38,000.00 Direct Labour Senior Engineer (5220Hours*$46.76) $244,087.00 Engineer (9250Hours*$37.00) $342,250.00 Technician (10225Hours*$21.25) $217,281.00 Welder (3870Hours*$25.83) $99,962.00 CAD Operator (3400 Hour*$28.50) $96,900.00 Total Cost $1,474,584.00 Profit Margin @17.3108% $308,686.61 Total Price for Proposal ($1474584/82.6892*100) $1,783,284.88
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