A residential project has the following information: Four major activities are scheduled across a 4-month time...
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A residential project has the following information: Four major activities are scheduled across a 4-month time span (shown in the below bar chart). • Assuming the monthly indirect cost (i.e., site office costs, telephone, heat, light, and supervisory salaries) is $5,000. • Assuming the direct costs are evenly distributed across the duration of the activity $80,000 A $120,000 B $90,000 $50,000 D Time: months 1 4 What is the total cost at month 3? 3. For the same residential project, if: • The markup is 8% • The owner retains 10% of all validated progress payment until completion How much money the contractor is expected to receive from the owner at month 3? Question 3 10 pts For the same residential project, if the contractor will receive 10.2% of the contract price as advance payment, how much money the contractor is expected to received from the owner at month 3? A residential project has the following information: Four major activities are scheduled across a 4-month time span (shown in the below bar chart). • Assuming the monthly indirect cost (i.e., site office costs, telephone, heat, light, and supervisory salaries) is $5,000. • Assuming the direct costs are evenly distributed across the duration of the activity $80,000 A $120,000 B $90,000 $50,000 D Time: months 1 4 What is the total cost at month 3? 3. For the same residential project, if: • The markup is 8% • The owner retains 10% of all validated progress payment until completion How much money the contractor is expected to receive from the owner at month 3? Question 3 10 pts For the same residential project, if the contractor will receive 10.2% of the contract price as advance payment, how much money the contractor is expected to received from the owner at month 3?
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