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An engineer makes $84,000 per year with benefits and overhead costing and additional $60,000 per year. The companies target profit is 20% and the target

An engineer makes $84,000 per year with benefits and overhead costing and additional

$60,000 per year. The companies target profit is 20% and the target utilization rate is 75%.

What is the fully burdened rate for the engineer? Using the equation attached please.

image text in transcribed

total cost billing rate = x profit multiple capacity x utilization This is the "fully burdened rate

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