Compute the average hourly cost of a carpenter to a contractor. Assume the work is in a subsistence area and the daily subsistence rate is $19.50. The carpenter works the second shift on a two-shift project where a project labor contract establishes a work 7 pay 8 hour pay basis for straight time. He works 6 days, 10 hours per day. In addition to time and a half for overtime Monday through Friday, the contract calls for double time for all work on weekends. Use 6.2% for FICA and 5.0% for unemployment insurance. Assume all data relating to the WC, PL, PD, fringes, and wage are as given in Figure 15.5 in the textbook.