Question

stefan, a project manager in a publishing company, has undertaken a project to translate a book in french into english and to sell a million copies. he estimates that the cost of the materials will be $6000 and the project will require 30 hours of labor at $50 per hour. if the overheads for the project are estimated at a rate of 50 percent of the labor costs, the total cost of the project will be:

Answer 1

Stefan's project to translate a book has a total cost of $8,250, which includes materials, labor, and overhead costs.

Step-by-step explanation:

The student is asking for assistance in calculating the total cost of a project that involves translating a book from French into English and aims to sell a million copies. To compute the total cost, we need to add the cost of materials, labor, and overheads:

• Cost of materials = $6,000
• Cost of labor (30 hours × $50 per hour) = $1,500
• Overheads (50% of labor costs) = $750

Adding these together, the total cost is:

$$6,000 + $1,500 + $750 = $8,250

Therefore, Stefan's project will have a total cost of $8,250.