What would be the total monthly invoice

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If a contractor incurs $1,000,000 of direct labor on a contract in a month, has a fringe rate of 50%, and an overhead rate of 33% and uses a three-tier allocation structure (meaning fringe is applied to direct labor and O/H is applied after), what would be the total monthly invoice (rounded) after the application of the fringe and overhead rates? Get the instant assignment help.

Reference no: EM133971663

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