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Boeing Electrical — Estimated Value of Work by In-House Labor (2016) <br /> Assumptions: <br /> • Number of Workers—5 <br /> • Hours per week per worker—20 <br /> • Weeks per year-52 <br /> • Labor rate-$100/hour <br /> I. Annual Estimate: 5 workers x 20 hours per week at$100/hour=$10,000/week <br /> $10,000/week x 52 weeks=$520,000. <br /> II. Monthly Estimate: $520,000/12 =$43,333 per month <br /> III. Balance 2016 Estimate: $43,333 x 7 months=$303,333 <br /> *Estimate used for valuation of work for Boeing annual electrical permit. Figures are for Boeing labor <br /> only and do not include work performed by Boeing contractors.All contractor work to be performed <br /> under separate permit. <br /> Date:June 2,2016 <br />