By applying dual recovery method to the budget of Commercial New Work (CNW), what is the...

 

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By applying dual recovery method to the budget of Commercial New Work (CNW), what is the profit rate on labor and equipment? (Use the following table to answer this question) Table 1. Company and Profit Center Budgets Company $ CNW CR IR Account Revenue (Earnings) 10,000,000.00100.00% 6,000,000.00 100.00% 3,000,000.00 100.00% 1,000,000.00 100.00 Cost of Construction Labor 1,360,000.00 13.60% 535,500.00 8.93% 527,000.00 17.57% 297,500.00 29.75 Materiais 31.45% 2,059,975.00 34.33% 1,085,025.00 36.17% 3,145,000.00 2,550,000.00 170,000.00 0.00 25.50% 2,550,000.00 42.50% 170,000.00 7,225,000.00 72.25% 5,315,475.00 88.59% 1,612,025.00 53.73% Sub Contracts 0.00% 0.00% 0.00 Other 1.70% 2.83% 0.00 Total Direct Cost 297,500.00 29.7! 2,775,000.00 27.75% 684,525.00 1,019,950.00 Gross Profit 11.41% 1,387,975.00 46.27% 702,500.00 121,713.00 70.2! Total Operating Expense Net Profit (Before Tax) 512,996.00 385,242.00 2.86% 1,002,733.00 1,755,050.00 17.55% 171,529.00 33.42% 580,787.00 58.01 O A) 18.74% O B) 2.11% O C) 21.78% O D) 13.85% By applying dual recovery method to the budget of Commercial New Work (CNW), what is the profit rate on labor and equipment? (Use the following table to answer this question) Table 1. Company and Profit Center Budgets Company $ CNW CR IR Account Revenue (Earnings) 10,000,000.00100.00% 6,000,000.00 100.00% 3,000,000.00 100.00% 1,000,000.00 100.00 Cost of Construction Labor 1,360,000.00 13.60% 535,500.00 8.93% 527,000.00 17.57% 297,500.00 29.75 Materiais 31.45% 2,059,975.00 34.33% 1,085,025.00 36.17% 3,145,000.00 2,550,000.00 170,000.00 0.00 25.50% 2,550,000.00 42.50% 170,000.00 7,225,000.00 72.25% 5,315,475.00 88.59% 1,612,025.00 53.73% Sub Contracts 0.00% 0.00% 0.00 Other 1.70% 2.83% 0.00 Total Direct Cost 297,500.00 29.7! 2,775,000.00 27.75% 684,525.00 1,019,950.00 Gross Profit 11.41% 1,387,975.00 46.27% 702,500.00 121,713.00 70.2! Total Operating Expense Net Profit (Before Tax) 512,996.00 385,242.00 2.86% 1,002,733.00 1,755,050.00 17.55% 171,529.00 33.42% 580,787.00 58.01 O A) 18.74% O B) 2.11% O C) 21.78% O D) 13.85%

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The formula for arriving the Profit Rate on Labor Equipment under ... View the full answer