1. Calculate the fully loaded cost of labor for a project team member using the following data: Hourly rate: $35/hr. Hours needed: 150 Overhead rate: 55% A) $5250 B) $8138 c) $5269 D) $2325 2. Calculate the direct cost of labor for the project team using the following data. What is the fully loaded cost of labor? Name Hours Needed Overhead Charge Sandy 60 1.35 Chuck 80 1.75 Bob 80 1.35 Penny 40 1.75 Personal Time Hourly Rate Fully Loaded Rate Labor Cost 1.12 $18/hr. 1.12 $31/hr. 0 - S9/hr. 1.12 $30/hr. Total Fully Loaded Labor Cost = A) $9818 B) $8870 c) $5480 D) $6052