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Assess the financial impact of General Electric's investment in AI-driven predictive maintenance for power plants using job costing. Requirements: Calculate direct labor costs associated with

Assess the financial impact of General Electric's investment in AI-driven predictive maintenance for power plants using job costing.

Requirements:

Calculate direct labor costs associated with AI implementation in power plant maintenance.

Allocate indirect maintenance costs using job costing methods.

Determine the total cost per power plant maintenance project.

Conduct a variance analysis comparing budgeted and actual costs.

Recommend methods to optimize job costing in power plant maintenance.

Cost Components for Power Plant Maintenance:

Cost Type

Annual Amount ($) per Year

Direct Labor Costs

300,000,000

Indirect Maintenance Costs

100,000,000

Total Projects per Year

50

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