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LABOR COSTS 1 $ 2 $ 3 $ SUBTOTAL: Direct Wages $ Fringe Benefits ( % of direct w

ID: 464731 • Letter: L

Question

LABOR COSTS

1

$

2

$

3

$

SUBTOTAL: Direct Wages

$

Fringe Benefits (      % of direct wages):

$

        Total direct ages plus fringes

$

Overhead (    % of [direct wages + fringes]):

$

         Subtotal: Total wages-related costs

$

Other

1

$

2

$

3

$

4

$

TOTAL PROJECT COSTS

$

The following is a listing of items to be considered in costing a small software

development project. Use this data and the attached worksheet to develop

a parametric estimate of the cost of the project.

Resources: Designers (100 hours @ $30/hr), systems analysts (200 hours @ $25/hr)

programmers (1,000 hours @ $22/hour), work station (3,500). Contracted testing group (50 hours @ $50/hour), printing of user manuals ($2,500).

Fringe Benefits: 30% of Direct Wages

Overhead: 70% of (Direct wages + Fringes)

LABOR COSTS

1

$

2

$

3

$

SUBTOTAL: Direct Wages

$

Fringe Benefits (      % of direct wages):

$

        Total direct ages plus fringes

$

Overhead (    % of [direct wages + fringes]):

$

         Subtotal: Total wages-related costs

$

Other

1

$

2

$

3

$

4

$

TOTAL PROJECT COSTS

$

The following is a listing of items to be considered in costing a small software

development project. Use this data and the attached worksheet to develop

a parametric estimate of the cost of the project.

Resources: Designers (100 hours @ $30/hr), systems analysts (200 hours @ $25/hr)

programmers (1,000 hours @ $22/hour), work station (3,500). Contracted testing group (50 hours @ $50/hour), printing of user manuals ($2,500).

Fringe Benefits: 30% of Direct Wages

Overhead: 70% of (Direct wages + Fringes)

Explanation / Answer

Designers(100 hours @30 Per hour)                     3,000.00 System Analysts(200 hours @25 per hour)                     5,000.00 Programmers (1,000 hours @22 per hour)                   22,000.00 Direct Wages                   30,000.00 Fringe Benefits 30% of DW                     9,000.00 Total Dw and FB                   39,000.00 Overhead 70%                   27,300.00    Subtotal: Total wages-related costs                   66,300.00 Workstation                     3,500.00 Contracted Testing Group(50hrs @50)                     2,500.00 Printing of User Manuals                     2,500.00 Total Project Costs                   74,800.00