Given the following information, calculate the hourly cost and labor burden markup percentage of a project manager
Base Salary: 880.000 annually
Total Labor Burden: $ 22.000 annually worked hours per week: 40 worked weeks per year: 52
Paid Vacation: 2 weeks per year ($1.600 for.
the hourly cost and labor burden markup percentage of a project manager.
Answer - (A) $53.05 per hour. 40% labor burden markup.
The total cost formula combines the variable and fixed costs of product offerings into one sum. The formula is Total cost = (average fixed cost x average variable cost) x number of units produced.
The total annual cost is the sum of the normal cost and the additional annual cost.
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