The gentleman farmer and surrealist aficionado commissioned a mural on barn that was an homage to Salvador Dalí's Persistence of Memory with a few farm animals included

The project would require the services of a senior muralist, a junior muralist, and a gofer. The senior muralist has an annual salary of $120,000, the junior muralist draws an annual salary of $75,000, and the gofer makes $30,000 per year. It is anticipated that the project will require 25 hours of senior muralist time, 40 hours of junior muralist time, and 60 hours of gofer time. Overhead charges vary by position; the gofer has a lower overhead rate (30%) than the two muralist positions (50%). Use 2080 hours as an estimate for the number of hours in a year and a 15% factor for personal time. What is the total direct labor cost for the project?

The table displays the sequence of calculations; the total direct labor cost is $6,269.71

Annual Salary Hourly Rate Hours Needed Overhead Personal Direct Labor
$120,000.00 $57.69 25 1.5 1.15 $2,487.98
$75,000.00 $36.06 40 1.5 1.15 $2,487.98
$30,000.00 $14.42 60 1.3 1.15 $1,293.75
Total $6,269.71