Answer:
Answer is given below.
Explanation:
For calculating the total cost of the project :
Function Points in the project : 234
Average Productivity of a software engineer = 5
Number of Soft. Engineers = 4
Time = 234/(5*4)
Time = 11.7 months = 11*22*8 + 0.7*22*8 = 1936+123.2 = 2059.2 hours
Total Wages = 2059.2*50*4 ( 50 is the hourly wage and 4 is the number of Software engineers , given in the question)
= 411840 $
Let X be the Total Project Cost
Hence ,
Overhead rate = 0.32 * Wage Rate = 0.32*50 = 16 $
G&A rate = 0.115*( Wage Rate +Overhead Rate) = 7.59 $
Total Cost => X = (Wages rate + Overhead rate+ G&A rate)* 2059.2*4 = $606,146.11