Do the task according to the given instructions. Show solutions. ExerciseThe following is known about the small construction company engaged in custom production:working hours available 3600 h/yearfixed costs are estimated to be €30,000.00/yearaccording to experience, variable overhead costs are 8% of the value of a working hourthe company's management sets the company's profit target at €50,000.00/yearThe company receives a request for tender for a construction contract and determines the following information:Construction material for the contract €10,000.00the cost of a working hour is €27.00/hthe contract requires working hours of 100 htotal work trips for the contract between the place of business and the construction site 200 kmthe mileage allowance charged to the customer is €0.70/kmthe rest of the 3,600 h annual capacity hours are used for other contracts to be solda) Calculate the company's total margin and hourly marginTotal marginHourly rateb) Calculate the total price offer with value added tax for the construction contract based on the hourly margin principle. (24% tax)

a. Total Margin: €80,000.00Hourly Margin: 91.2% b. the total price offer with VAT for the…

Answered: Exercise The following is known about…

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter13: Pricing Subcontractors' Work

Section: Chapter Questions

Problem 2RQ

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● G: The client hires you to go to and personally source materials from China for 5 days. It was agreed that the client pays you on a per diem basis and pegged the fees at Php 6,000/day. How much is your total RPF for rendering this type of service?
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G: The client hires you to go to and personally source materials from China for 5 days. It was agreed that the client pays you on a per diem basis and pegged the fees at Php 6,000/day. How much is your total RPF for rendering this type of service?
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