Question: The following table shows the summary activities for a construction project. Assuming that one month is equal to 4 weeks, answer the following questions:
The following table shows the summary activities for a construction project. Assuming that one
month is equal to weeks, answer the following questions:tableActivityIPA,Duration weeksDirect cost $ABASSWCAFSWDCFSECSS BFFFE FS DFFGEFSA Assuming that the project overhead is estimated to be $ and the yearly general
overhead for the contractor is estimated to be $ If the contractor distributes the
yearly general overhead over eight projects, the total direct cost is $ Draw the
expense curve Scurve for the project.B Assume that the contractor is willing to use profit from the total cost for this project.
Also, the contractor plans to submit his progress payment to the client at the end of each
month. Upon approval, the owner will deduct for retainage retention and pay the
contractor one month later. The accumulated retainage will be paid with the last payment.
Calculate and draw the income profile flow chart and shade the overdraft area.
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