Budget
The cost of this project is supported by the student. The parts that will be purchase and the material for the construction of this project will be paid by the student, including the labor cost.
Labor cost estimated
3d modeling $18/hr =$945
Analysis $20/hr =$1,260
Manufacturing parts $14/hr =$710.50 Assembly the parts $15/hr =$247.50
Total labor cost = $3,163.00
Labor cost actual
3d modeling $18/hr =$639.00
Analysis $20/hr =$810.00
Manufacturing parts $14/hr =$558.32 Assembly the parts $15/hr =$30.00
Total labor cost = $2,037.32
Parts
Some parts for this project will be purchase, mostly all the parts will be made on house and the cost will be include in labor. Approximately $25 will be for purchase and $17 for raw material.
Total estimated parts cost = $42
Actual cost=$134.96
Including raw material
Total Project Cost
The project cost is $2,172.28