A residential project has the following information: Four major activities are scheduled across a 4-month time...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A residential project has the following information: Four major activities are scheduled across a 4-month time span (shown in the below bar chart). • Assuming the monthly indirect cost (i.e., site office costs, telephone, heat, light, and supervisory salaries) is $5,000. • Assuming the direct costs are evenly distributed across the duration of the activity $80,000 A $120,000 B $90,000 $50,000 D Time: months 1 4 What is the total cost at month 3? 3. For the same residential project, if: • The markup is 8% • The owner retains 10% of all validated progress payment until completion How much money the contractor is expected to receive from the owner at month 3? Question 3 10 pts For the same residential project, if the contractor will receive 10.2% of the contract price as advance payment, how much money the contractor is expected to received from the owner at month 3? A residential project has the following information: Four major activities are scheduled across a 4-month time span (shown in the below bar chart). • Assuming the monthly indirect cost (i.e., site office costs, telephone, heat, light, and supervisory salaries) is $5,000. • Assuming the direct costs are evenly distributed across the duration of the activity $80,000 A $120,000 B $90,000 $50,000 D Time: months 1 4 What is the total cost at month 3? 3. For the same residential project, if: • The markup is 8% • The owner retains 10% of all validated progress payment until completion How much money the contractor is expected to receive from the owner at month 3? Question 3 10 pts For the same residential project, if the contractor will receive 10.2% of the contract price as advance payment, how much money the contractor is expected to received from the owner at month 3?
Expert Answer:
Answer rating: 100% (QA)
As per given details please refer below answer Q1 Total Cost at month 3 Total Cost of Mon... View the full answer
Related Book For
Posted Date:
Students also viewed these general management questions
-
A new project has the following forecasts: Initial Outlay .......... $ 40,000 Life of project ........... 5 yrs Net annual cash flow ..... $ 15, 000 Expected rate of return ....... 10%
-
The backfill material for a vibroflotation project has the following grain sizes: D10 = 0.18 mm D20 = 0.31 mm D50 = 1.98 mm Determine the suitability number, SN, and rate it as a backfill material.
-
Light Company has the following information for January: Sales......................................................... $648,000 Variable cost of goods sold.............................. 233,200...
-
Calculate the managerial remuneration from the following particulars of Zen Ltd. the company has only one Managing Director. Net Profit Net Profit is calculated after considering the following:...
-
What is the purpose of the statement of changes in stockholders equity?
-
A farmer is to pump water at 70F from a river to a water storage tank nearby using a 125-ft-long, 5-in-diameter plastic pipe with three flanged 90 smooth bends. The water velocity near the river...
-
As in Example 2.1, camera recycle times might use the sample space \(S=R^{+}\), the set of positive real numbers. Let \[ E_{1}=\{x \mid 10 \leq x <12\} \quad \text { and } \quad E_{2}=\{x \mid 11 0\}...
-
1. The film sequence shows three people interacting in a work environment. Which aspects of organizational behavior discussed in this chapter appear in this sequence? 2. The three people in this...
-
Q3. Evaluate the determinant of the matrix [1 2 2 23 M = 3 4 333 + 2345 4 4 4 4 4 L5 5 5 5 5555 5- using (a) cofactor expansion and (b) row reduction. In your opinion, which method is more convenient...
-
(a) A homogeneous solid body of arbitrary shape is initially at temperature T, throughout. At t = 0 it is immersed in a fluid medium of temperature T. Let L be a characteristic length in the solid....
-
Record these 3 3 months ( ( quarter of a fiscal year ) ) of transactions using your Excel Accounting Workbook. Be sure to add accounts and adjust your workbook to accommodate Studio 1 6 1 6 s...
-
Several line items and account titles are listed below. For each, indicate in which of the following financial statement(s) we would likely find the item or account: income statement (IS), balance...
-
Describe the rationale for use of year-end balances in the computation of turnover rates (and other percentages) that are used to forecast selected balance sheet accounts.
-
In addition to recent revenues trends, what other types and sources of information can we use to help us forecast revenues?
-
What effect does consolidating SPEs have on both accounting for SPEs and the balance sheets of companies that sponsor them?
-
In a recent year, the total assets of Best Buy equal \$16,787 million and its liabilities equal \(\$ 13,072\) million. What is the amount of Best Buy's equity? Does Best Buy receive more financing...
-
The logarithmic derivative curve should be used For flow regime identification and not the pressure Change curve? True/ false
-
You are interested in investing and are considering a portfolio comprised of the following two stocks. Their estimated returns under varying market conditions are provided: (note: it is difficult to...
-
Assume you borrow $50,000 at 10% per year interest and you agree to repay the loan in five equal annual payments. What is the amount of the unrecovered balance immediately after you make the third...
-
Determine the breakeven point for each plant. Hambry Enterprises produces a component for recycling uranium used as a nuclear fuel in power plant generators in France and the United States. Use the...
-
As an innovative way to pay for various software packages, a new high-tech service company has offered to pay your company, Custom Computer Services (CCS), in one of three ways: (1) pay $480,000 now,...
-
Consider the data file \(m r o z\) on working wives. Use the 428 observations on married women who participate in the labor force. In this exercise, we examine the effectiveness of a parent's college...
-
Consider the data file \(m r o z\) on working wives. Use the 428 observations on married women who participate in the labor force. In this exercise, we examine the effectiveness of a parent's college...
-
The CAPM says that the risk premium on security \(j\) is related to the risk premium on the market portfolio. That is where \(r_{j}\) and \(r_{f}\) are the returns to security \(j\) and the risk-free...
Study smarter with the SolutionInn App