Thabo Civil Engineers Pty Ltd has been in the construction business for the past 17 years and
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Question:
On average, your company completes 350 foundations per month; and in the process uses 13 (50kg) bags of cement on each foundation, and each 50kg bag costs R80. The cost of direct labour is R 22 500 per foundation completed.
• Your company's site supervisor is paid R 54 000 per month
• Four different types of earth moving machinery used by your company are leased at R 250 000 each per month
• Each foundation completed is subject to a quality check at a cost of R 12 500
• Each foundation completed uses 8 500 bricks at a cost of R2 100 per 1 000 bricks
• A purchasing agent used to source the best prices for construction materials for your company is paid a commission of R 16 000 per month Your company is using this housing project to advertise itself to potential customers at a cost of R 25 400 per month
• An on-site administrative office has been set up and the total monthly salary bill for the six people running it amounts to R 85 000 The annual insurance bill paid by your company for this project amounts to R 135 700
• A 10 litre container of paint is used on each foundation at a cost of R 1 600 per container . . 65 HM Annexure F: Formative Assessment 1
Required:
Calculate the following annual figures for your company:
1. Direct labour per year (4 marks)
2. Direct material per year (16 marks)
3. Construction overheads per year (22 marks)
4. Total non-construction costs per year
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