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Business, 30.03.2020 22:18 boemeh459

The contractor proposed $x, xxx, xxx for manufacturing labor contemplating the following full time equivalent (FTE) for the three year period of performance, as follows: 3, 4.5, 4. The annual accounting hours/FTE used by the company is 1,800 hours per FTE. The current Direct Labor rate is $31.00 and the contractor has proposed a 2.5% escalation rate for years two and three. What are the manufacturing labor dollars per year over the three year period of performance?

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