The new Temple Dormitory has an Estimated Cost of $115,000,000, with a duration of 20 months....

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The new Temple Dormitory has an Estimated Cost of $115,000,000, with a duration of 20 months. (a) Use Means Cost Data Book to select and estimate overhead cost (Indirect Costs), with a breakdown of the cost items into the following two categories: Job Overhead: (e.g., Salaries of the project superintendent and other staff personnel, Utilities, Supplies, Engineering, Tests, Drawings, Rentals, Permits, Insurance) General Overhead: (e.g., Salaries, Office rent, Permits, Insurance, Taxes, Shops and Yards, Other company expenses not chargeable to a specific project. (b) What percentages of estimated cost are Job Overhead and General Overhead, separately and in combination? Hint: Divide Overhead Cost by Estimated Cost, multiply by 100. The new Temple Dormitory has an Estimated Cost of $115,000,000, with a duration of 20 months. (a) Use Means Cost Data Book to select and estimate overhead cost (Indirect Costs), with a breakdown of the cost items into the following two categories: Job Overhead: (e.g., Salaries of the project superintendent and other staff personnel, Utilities, Supplies, Engineering, Tests, Drawings, Rentals, Permits, Insurance) General Overhead: (e.g., Salaries, Office rent, Permits, Insurance, Taxes, Shops and Yards, Other company expenses not chargeable to a specific project. (b) What percentages of estimated cost are Job Overhead and General Overhead, separately and in combination? Hint: Divide Overhead Cost by Estimated Cost, multiply by 100.

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a Using the Means Cost Data Book we can estimate the overhead costs for the Temple Dormitory pro... View the full answer