You developed an overhead budget for a construction company. Historically, the companys construction costs are 89% of
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You developed an overhead budget for a construction company. Historically, the company’s construction costs are 89% of revenues.
What volume of work does the construction company need to achieve in order to make \($100,000\) of profit this year if they expand and hire the office manager and estimator? How much must the company increase their revenues in order to expand?
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Related Book For
Construction Accounting And Financial Management
ISBN: 9780132675055
3rd Edition
Authors: Steven J. Peterson
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