9.13 Calculate the fully loaded cost of labor for Sally, your project assistant, using the following data: 9.14 Calculate the fully loaded cost of labor for a project team member using the following data: Hourly rate: $52/hr Hours needed: 120 Overhead rate: 60% 9.16 Calculate the fully loaded cost of labor for the project team using the following data. What are the costs for the individual project team members? What is the fully loaded cost of labor? \begin{tabular}{|c|c|c|c|c|c|} \hline Name & \begin{tabular}{l} Hours \\ Needed \end{tabular} & \begin{tabular}{c} Overhead \\ Charge \end{tabular} & \begin{tabular}{l} d Personal \\ Time Rate \end{tabular} & \begin{tabular}{c} Hourly \\ Rate \end{tabular} & \begin{tabular}{c} Fully \\ Loaded \\ Labor \\ Cost \end{tabular} \\ \hline Bob & 80 & 1.35 & & $9/hr & \\ \hline Penny & 40 & 1.75 & 1.12 & $30/hr & \\ \hline \end{tabular} 9.18 Assume that your senior managers have allocated a labor cost of $30,000 for your project. Using the following data, calculate the fully loaded labor costs for each person. What is the total cost? Can you proceed with the project? 9.24 Assume you are a project cost engineer calculating the cost of a repetitive activity for your project. There are a total of 20 iterations of this activity required for the project. The project activity takes 2.5 hours at its steady state rate and the learning rate is 75%. Calculate the initial output time for the first unit produced, using the learning curve formula: Yx=aXb where Yx=a=X=b=thetimerequiredforthesteadystate,x,unitofoutputthetimerequiredfortheinitialunitofoutputthenumberofunitstobeproducedtoreachthesteadystatetheslopeofthelearningcurve,representedas:logdecimallearningrate/log2 .25 As the manager of the IT group at your insurance firm, you have been asked to develop a cost estimate for upgrades The complexity weighting for these functions follows a standard formula: Calculate the total estimated number of function points for this project. What is the total expected cost of the project