3. Assume that overhead is charged on a flat-rate basis. Each member of the project...

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Accounting

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3. Assume that overhead is charged on a flat-rate basis. Each member of the project is assigned an overhead charge of $100/week. What would the fully loaded cost of labor be for an employee, given that she is assigned to the project for 280 hours at $15/hour? Hint: The hours that the employee works (280 hours) would equate to 7 weeks A) $2100 B) $3350 C) $4250 D) $4900

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