Which craft in Table 10.2 has the highest: (A) Bare wage rate. (B) Total labor burden. (C)
Question:
Which craft in Table 10.2 has the highest:
(A) Bare wage rate.
(B) Total labor burden.
(C) Percentage markup for labor burden, and/or (D) loaded wage rate?
Table 10.2
Transcribed Image Text:
Construction Craft Carpenters Cement Masons Electricians Base Labor Labor Total Loaded Wage Taxes Benefits Burden Wage $41 $8 $13 $21 $62 $34 $6 $11 $17 $51 $23 $22 $31 $19 Ironworkers Laborers $45 $9 $10 Equipment Operators $40 $14 $12 $43 $12 $19 $35 $8 $11 Construction Craft Plumbers and Pipefitters $48 $11 $68 $62 $74 $54 Base Labor Labor Total Loaded Wage Taxes Benefits Burden Wage $17 $28 $76
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Lets analyze the information provided in Table 102 for different construction crafts A Bare Wage Rat...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Construction Cost Estimating
ISBN: 9780367902681
1st Edition
Authors: John E. Schaufelberger, Len Holm
Question Posted:
Students also viewed these Business questions
-
Assuming five craftsmen for each of the crafts in Table 10.2, (A) what would the total blended labor burden percentage markup be? (B) What would happen to that rate if you eliminated the craft with...
-
If a contractor charges the blended labor burden rate you calculated from Exercise 1.A to a client but applies it to both direct and indirect labor, how would this affect their profit? Data from...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Several industries located along the Ohio River discharge a toxic substance called carbon tetrachloride into the river. The state Environmental Protection Agency monitors the amount of carbon...
-
A building with a cost of $1,050,000 has an estimated residual value of $420,000, has an estimated useful life of 36 years, and is depreciated by the straight-line method. (a) What is the amount of...
-
An engineer is making an estimate of hydroelectric power for a home owner. This owner has a small stream (Q = 2 cfs, T = 40 F) that is located at an elevation H = 34 ft above the owners residence....
-
Explain the imprest system of petty cash book. What is the relation of petty cashbook to cash book?
-
You own a piece of raw land in an up-and-coming area in Gotham City. The costs to construct a building increase disproportionately with the size of the building. A building of q square feet costs 0.1...
-
3. Presented below are a number of accounting organizations and types of documents they have issued. Instruction: Match the appropriate document to the organization involved. Note that more than one...
-
Which component is not present on the balance sheet? a. Net realisable value b. Allowance for credit losses c. Cumulative impairment d. Provision accounts
-
What customarily happens to labor burden rates journal-entered to a jobsite after employees top $133,000 in wages paid in one calendar year? Is this ethical? How does this affect project profits? How...
-
What can a wage rate check indicate?
-
Based on Exhibits 3 and 4, the value of Bond C at the upper node at Time 1 is closest to: A. 97.1957. B. 99.6255. C. 102.1255. Meredith Alvarez is a junior fixed-income analyst with Canzim Asset...
-
1. How can the use of MRP contribute to profitability? 2. What are some of the unforeseen costs of ERP implementation? Discuss.
-
The COVID-19 pandemic resulted in strains on the healthcare supply chain. Discuss why supply chain management (SCM) is important to healthcare organizations. Furthermore, explain how healthcare...
-
Financial reporting quality relates to the quality of the information regarding the financial wellbeing of a firm that is contained in financial reports, including note disclosures. The quality of...
-
Exercises: Situational questions. Each answer must be supported by a legal basis. 1. What is the difference when an employee was dismissed for just cause than he was dismissed for an authorized...
-
In international trade, what is the difference between a contracted agent in a foreign country and a contracted distributor?What are some of the key issues that can arise in the relationship between...
-
Calculate the (H for the following processes at 25C: (a) Br2(l) - Br2(g) (b) Br2(g) - Br2(g). Comment on the relative magnitudes of these (H values in terms of the forces involved in each case.
-
In the figure, two loudspeakers, separated by a distance of d1 = 2.63 m, are in phase. Assume the amplitudes of the sound from the speakers are approximately the same at the position of a listener,...
-
Distinguish clearly between a marketing strategy and a marketing mix. Use an e x ample.
-
Distinguish clearly between mass marketing and target marketing. Use an example.
-
Why is the target market placed in the center of the four Ps in the text diagram of a marketing strategy (Exhibit 2-4)? Explain, using a specific example from your own experience.
-
Phantom Consulting Inc. is a small computer consulting business. The company is organized as a corporation and provides consulting services, computer system installations, and custom program...
-
Sam owns a 25% in Spade, LLC. In 2021, Spade reports $100,000 or ordinary income. What is Sams qualified business income (QBI) deduction? answer is 5,000 but please show how to get it
-
crane Inc. common chairs currently sell for $30 each. The firms management believes that it's share should really sell for $54 each. If the firm just paid an annual dividend of two dollars per share...
Study smarter with the SolutionInn App