Question

Which employee labor rate is typically used to produce a project budget?Select an answer:A. salariesB. billable ratesC. burdened ratesD. salaries plus bonus

Answer 1

Answer:

The correct answer is letter "A": salaries.

Explanation:

Estimating project costs of businesses allows measuring the profits and costs the organization might have during operations. That budget must include direct costs such as employees' salaries, materials such as supplies and equipment, and indirect costs like administrative expenditures.