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For this assignment, we are going to change our point of view. You are now working for Woolly, and you are preparing Woolly's response to Mammoth's RFP to support the transition of the 12 staff from Saber to Mammoth. Your job is to develop the price that will be part of the fixed price contract. Since Woolly has done transitions many times, you have good historical records, and you can use parametric estimating to help prepare the estimate. Working with the team, you have to develop the following information. Activities Unit Quantity Rate Comments Consultant Hours 400 $ 100 A team of 2.5 to work 400 hours Hours 50 Hours 100 Trips 3 12 Staff Staff Legal Support Communications Travel Package Preparation Staff Coaching $200 You have experience with Saber's country location $ 100 Communications with Mammoth and responding to staff questions $ 2,000 3 trips to Saber's location to meet with staff, consultant based in Europe $ 500 To prepare customized packages for each staff 5 $5,000 Outsource support for staff for 90 days, delux package Also, your Accounting team wants you to add a 40% overhead on labour costs and a 30% for profit and contingency on all the costs, but not the 40% overhead cost. The overhead on labour costs applies only to hourly costs (consultant, legal support, and communications). You expect that you will need to submit a bid of $140,000 to win the contract. Assignment Requirements 1. The cost elements (calculations) for the cost of the project 2. The price you would provide to Mammoth 3. Break out and identify opportunities to reduce or increase the cost of the proposal that will allow you to come in at or below $140,000 target price 4. A well-structured, professional document with title page, page numbers, and no spelling or grammatical errors. For this assignment, we are going to change our point of view. You are now working for Woolly, and you are preparing Woolly's response to Mammoth's RFP to support the transition of the 12 staff from Saber to Mammoth. Your job is to develop the price that will be part of the fixed price contract. Since Woolly has done transitions many times, you have good historical records, and you can use parametric estimating to help prepare the estimate. Working with the team, you have to develop the following information. Activities Unit Quantity Rate Comments Consultant Hours 400 $ 100 A team of 2.5 to work 400 hours Hours 50 Hours 100 Trips 3 12 Staff Staff Legal Support Communications Travel Package Preparation Staff Coaching $200 You have experience with Saber's country location $ 100 Communications with Mammoth and responding to staff questions $ 2,000 3 trips to Saber's location to meet with staff, consultant based in Europe $ 500 To prepare customized packages for each staff 5 $5,000 Outsource support for staff for 90 days, delux package Also, your Accounting team wants you to add a 40% overhead on labour costs and a 30% for profit and contingency on all the costs, but not the 40% overhead cost. The overhead on labour costs applies only to hourly costs (consultant, legal support, and communications). You expect that you will need to submit a bid of $140,000 to win the contract. Assignment Requirements 1. The cost elements (calculations) for the cost of the project 2. The price you would provide to Mammoth 3. Break out and identify opportunities to reduce or increase the cost of the proposal that will allow you to come in at or below $140,000 target price 4. A well-structured, professional document with title page, page numbers, and no spelling or grammatical errors.
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Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
Posted Date:
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