Question: Question 3 ( 5 . 5 Points ) : A contractor is estimating the bid price to supply and place 2 0 0 0 m

Question 3(5.5 Points):
A contractor is estimating the bid price to supply and place 2000m3 of concrete. The contractor decided to work for 8 hours per day to complete the activity using crew C-10. Assume that the concrete will cost the contractor AED 200 per cubic meter. Crew C-10 is composed of the following labor and equipment:
\table[[,Number,\table[[Cost for each],[(AED)]]],[Foreman,1,50 per hour],[Labor,3,35 per hour],[Vibrator,2,150 per day]]
Assume the following:
The production rate for crew C-10 is 400m3 of concrete per an "8-hour" working day
Contractor's indirect cost (overheads)=10% of the total direct cost
Contractor's profit =20% of the total cost
Considering that the costs of labor and equipment in the table above are direct costs, determine:
The duration required to finish the activity (in days)
(1.5 point)
The contractor's total cost for this activity
(2.5 point)
The contractor's price for this activity
(1.5 point)
4
Question 3 ( 5 . 5 Points ) : A contractor is

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