Rachel, a project manager, has undertaken a project to build a wall around a compound. She estimates that the cost of materials will be $520 and labor costs will be $10 for 20 hours. If the overheads for this project are 50 percent of the labor and material costs, the total cost will be:
A) $1080.
B) $1,560.
C) $880.
D) $780.
E) $960.

Question

Quizplus · Accepted Answer

The total cost of materials and labor is $520 (materials) + $200 (labor, calculated as $10 * 20 hours) = $720. The overheads are 50% of this sum, which is $360 ($720 * 0.5). Therefore, the total cost is $720 (materials and labor) + $360 (overheads) = $1080. However, the correct calculation leads to a total of $1080, indicating a mistake in the choice selection. The correct answer should be $1080, but it's not listed correctly among the choices provided based on the calculation.

Rachel, a Project Manager, Has Undertaken a Project to Build