Equipment Expenses Analyze the cost differences for a project that needs the use of a trencher Compare the cost differences between renting and buyingâ€”amortizing the purchase price over a five-year period Which would be the best approach, renting or purchasing? Explain how equipment expenses differ from other installed construction items, such as lumber and steel What unique accounting aspects need to be considered when estimating equipment used in a construction estimate? Submission Requirements: Submit a Word document with the following specifications: Font: Arial, size 12, double-spacing Citation style: APA Length: 2â€“3 pages

Equipment Expenses Analyze the cost differences for a project that needs the use of a trencher Compare the cost differences between renting and buyingâ€”amortizing the purchase price over a five-year period Which would be the best approach, renting or purchasing? Explain how equipment expenses differ from other installed construction items, such as lumber and steel What unique accounting aspects need to be considered when estimating equipment used in a construction estimate? Submission Requirements: Submit a Word document with the following specifications: Font: Arial, size 12, double-spacing Citation style: APA Length: 2â€“3 pages

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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1) Pre-tender planning: a. Selection of site b. Estimate and evaluate predicted risks in the project. c. Pool the companies past experiences knowledge and specialists. d. None of the above 2) Project Consultant is responsible for: a. Site preparation b. Supervises and coordinates the work in the project c. Writing Claims d. None of the above 3) The estimated time required to perform an activity, is known as: a. Total float time. b. Independent float time. c. Free float time d. None of the above 4) Organizing of a project is: a. Arrangement of resources b. Directing of workers c. A controlling system d. None of the above 5) Project manager a. Must have a signed contract b. Can start before having a signed contract c. Not responsible for this d. all of the above 2 6) The total estimated cost required to perform a project , is known as a. Budget b. Fund c. Cash flow d. All the above 7) Subcontractor may be : a. Electrical contractor b. Specialist contractor c. Painter d. all of the above…
Preliminary plans are underway for construction of a new stadium for a major league baseball team. City officials question the number and profitability of the luxury corporate boxes planned for the upper deck of the stadium. Corporations and selected individuals may purchase a box for $300,000. The fixed construction cost for the upper-deck area is estimated to be $4,500,000, with a variable cost of $150,000 for each box constructed. a. What is the breakeven point for the number of luxury boxes in the new stadium? b. Preliminary drawings for the stadium show that space is available for the construction of up to 50 luxury boxes. Promoters indicate that buyers are available and that all 50 could be sold if constructed. What is your recommendation concerning the construction of luxury boxes? What profit is anticipated?
You are the proposal manager for an opportunity to design and build a new assembly line for the production of artificial heart valves. A required equipment item is a 3-D X-ray inspection system. You have discussed purchase of the equipment with management, and their preference is to purchase the item as the assembly line is nearing completion (potentially up to 6 months away). You can use a rough estimate for the bid but would like to know the cost range you could anticipate in order to quantify project risk. The current price of the system is $75,500.00, and the current cost for installation is 15% of the purchase price. Price could vary by as much as +/- 10%, and installation may vary by +/- 5%, although the prices have not varied by that much in the past 6 months.…
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Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (3,400 units) Variable expenses Contribution margin $ 112,200 50,490 61,710 Fixed expenses 45,700 Net operating income $ 16,010 If the company sells 3,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $61,710 $70,785 $92,700 $18,364
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