A systems analyst is paid at the rate of $91/hour and will be needed for 94 billable hours. Her employer uses an overhead multiplier of 58% and a personal time factor of 12%. Her total direct labor cost (excluding any profit) should be invoiced for the work done using the number of dollars equal to:
Added by Alfonso D.
Step 1
To find the direct labor cost, multiply the hourly rate by the number of billable hours. Direct labor cost = Hourly rate × Billable hours Direct labor cost = $91/hour × 94 hours Direct labor cost = $8,554 Show more…
Show all steps
Close
Your feedback will help us improve your experience
Madhur L and 53 other Algebra educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Cynthia earns $8 per hour as a checker on an assembly line. If her overtime rate is time-and-a-half, what is her total gross pay for working 46 hours last week?
Madhur L.
An employee works 38 hours every week and earns $9.75 per hour. If the company's benefits percentage for this employee is 14.5%, what is the weekly labor cost (including benefits) for this employee?
Dj T.
Computing Hourly Wages Sandra, who is paid time-and-a-half for hours worked in excess of 40 hours, had gross weekly wages of $\$ 546$ for 48 hours worked. What is her regular hourly rate?
Equations and Inequalities
Linear Equations
Recommended Textbooks
Elementary and Intermediate Algebra
Algebra and Trigonometry
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD