Which of the following costs should be included in project estimates related to labor? A) Only direct wages B) Overtime pay and lunch breaks only C) Insurance, retirement contribut... Which of the following costs should be included in project estimates related to labor? A) Only direct wages B) Overtime pay and lunch breaks only C) Insurance, retirement contributions, and union dues D) Unproductive hours
Understand the Problem
The question is asking which types of costs related to labor should be included in project estimates. This involves understanding different components of labor costs and their relevance to project budgeting.
Answer
Insurance, retirement contributions, and union dues
The final answer is C) Insurance, retirement contributions, and union dues
Answer for screen readers
The final answer is C) Insurance, retirement contributions, and union dues
More Information
Project estimates related to labor costs typically include not just direct wages, but also elements like insurance, retirement contributions, and union dues.
Tips
A common mistake is to consider only direct wages or specific conditions like overtime as part of labor costs, neglecting broader components like benefits and mandatory dues.
Sources
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