Sanborn Architectural Designs Inc.has three partners that each earn $80,000 per year,and three associates that earn $58,000 per year.Each partner and associate has 2,000 billable hours per year.Using a simplified approach,if a partner worked 10 hours on a project,the amount of labor cost that should be billed to the project is:

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The Answer of Sanborn Architectural Designs Inc.has three partners that each earn $80,000 per year,and three associates that earn $58,000 per year.Each partner and associate has 2,000 billable hours per year.Using a simplified approach,if a partner worked 10 hours on a project,the amount of labor cost that should be billed to the project is: