Calculate the direct cost of labor for the project team using the following data

Question

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?

Your response should be at least 75 words in length.

   Name    Hours Needed     Overhead Charge     Personal Time Rate    Hourly Rate      Total Direct Labor Cost Jonathan            60               1.35                1.12         17/hr Susan           120               1.8                1.12         31/hr Debra            40               1.35                  0          9/hr Bobby            65               1.8                1.13         34/hr

Explanation / Answer

Ans. Total Direct Labor Cost = Hourly Rate * Hours Needed * Overhead Charge * Personal Time Rate

So, Jonathan Direct Labor Cost = 17*60*1.35*1.12 = 1542.24

Susan Direct Labor Cost = 31*120*1.8*1.12 = 7499.52

Debra Direct Labor Cost = 9*40*1.35 = 486

Bobby Direct Labor Cost = 34*65*1.8*1.13 = 4495.14

Total Direct Labor Cost = 14,022.9

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