A Work Element in the Project Plan Requires 50 Hours

Multiple Choice

A work element in the project plan requires 50 hours of labor each by four carpenters.The carpenters are paid $15 per hour and incur an overhead rate equal to 80 percent of their direct labor charges.The total cost would be __________ if the carpenters consume 10 percent of the workday performing personal activities.

A) $4,860
B) $5,000
C) $5,360
D) $5,940