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Currently, the countys IT department has one full time and two part-time software developers. The...

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Accounting

Currently, the countys IT department has one full time and two part-time software developers. The developers handle, in average, 15 function points each person-month (15 FP person-month). Their salaries are $75,000/year and $37,500/year respectively. The county working hours per year are 2,080. The development official start date has been set for October 19, 2020 and the commissioners want the development to be funded with monies from the current fiscal year that ends June 30, 2021. Assume that the countys overhead rate is 30.5% and the personal time rate is 13% for full time employees and 6.5% for part time employees. Do not consider any holidays time off The developers are needed/hired to work 40 hr/week. Use that to calculate the weekly labor cost. Then, make sure to convert that weekly cost to a monthly cost using the 4.33 wks/month factor. Also, two part timers are equivalent to one full time employee. Calculate the expected labor cost of coding for the digital repository if the three developers are assigned to this project

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