Question: I need help with the following problem Landscaping Service Pricing Analysis You own a landscaping company for residential properties. Your average cost for design and
I need help with the following problem
Landscaping Service
Pricing Analysis
You own a landscaping company for residential properties.
Your average cost for design and implement a standard landscape change
per residential property is as follows
Bushes @ $130
Fill Dirt @ $75
Mulch @ $40
Labor (12 hours @ $10 hour
Indirect Labor (2 hour @ $14 hour)
You have the opportunity to propose a price for a neigborhood Homes
Association which would be 12 properties.You would like to use the
standard cost per property as your basis for the cost estimate.
Would it be profitable if you propose $7,000?
If you desired to make at least 15% profit above your costs, what
would be the lowest you could bid and meet your profit goal?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
