The cost to be billed to the client for the engineering design is $56,873. This cost was estimated based on the table below which includes the cost associated with the various staffing positions as well as the use of laboratory facilities and supplies.
The hours that each staff member will work on the project was used in combination with the salary of the employee to determine the main costs of the engineering services.
The cost of laboratory facilities and supplies is set by the vendor of the item.
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