1. Calculate the direct cost of labor for a project team member using the following data:

Hourly rate: $50/hr

Hours needed: 120

Overhead rate: 40%

2. Calculate the direct total direct cost of labor for a project team member using the following data:

Hourly rate: $50/hr

Hours needed: 100]

Overhead rate: 30%

3. The Munsters have been saving money in order to buy a house. They figure that given current interest rates they could afford a $400,000 home. Before looking at houses on the market they decide to explore the possibility of building a new home. The Munsters figure they could buy a suitable lot for $70,000-$75,000. At a minimum they want to build a 2,300 squarefoot house. The cost for a house of the quality they desire is $160 per square foot. Given this information should the Munsters pursue the option of building a new house?

4. BelowisaprojectWBSwithcostapportionedbypercent.Ifthetotalprojectcostisestimated to be $800,000, what are the estimated costs for the following deliverables?

Router systems project Cost: $800.000 Definition Design Implementation 10% 40% 50% Objectives Requirements In-house Customer testing 6% testing & review 4% 40% 10% Inputs Outputs Files Interfaces Programming 3% 3% 3% 9% 22%