A labor crew for placing concrete consists of one labor foreman at $26.70 per hour, one cement finisher at $29.30 per hour, five laborers at $24.45 per hour each, and one equipment operator at $33.95 per hour. Such a crew, called a C20 crew, can place 165 cubic yards of concrete per 8-hour day. Determine (a) the cost per day of labor for the C20 crew, (b) the cost of the C20 crew per cubic yard of concrete, and (c) the cost to place 550 cubic yards of concrete.
A labor crew for placing concrete consists of one labor foreman at $26.70 per hour, one cement finisher at $29.30 per hour, five laborers at $24.45 per hour each, and one equipment operator at $33.95 per hour. Such a crew, called a C20 crew, can place 165 cubic yards of concrete per 8-hour day. Determine (a) the cost per day of labor for the C20 crew, (b) the cost of the C20 crew per cubic yard of concrete, and (c) the cost to place 550 cubic yards of concrete.
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter4: Extent (how Much) Decisions
Section: Chapter Questions
Problem 3MC
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Question
A labor crew for placing concrete consists of one
labor foreman at $26.70 per hour, one cement finisher
at $29.30 per hour, five laborers at $24.45 per
hour each, and one equipment operator at $33.95
per hour. Such a crew, called a C20 crew, can place
165 cubic yards of concrete per 8-hour day. Determine
(a) the cost per day of labor for the C20 crew,
(b) the cost of the C20 crew per cubic yard of concrete,
and (c) the cost to place 550 cubic yards of
concrete.
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