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1. Determine the break-even volume of work for a company with a fixed overhead of $250,000 and a contribution margin ratio of 11.3%. (8 points)

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1. Determine the break-even volume of work for a company with a fixed overhead of $250,000 and a contribution margin ratio of 11.3%. (8 points) 2. Determine the break-even contribution margin ratio for a company with a fixed overhead of $115,000 and revenues of $1,500,000. (8 points) 3. Your company completed building a garage for the Winstons. The costs are shown in the picture below. The work in the grading and excavation, landscaping, roofing, and overhead door cost categories was done by subcontractors. All concrete labor was performed by the company's concrete crew and the framing was done by the company's framing crew. The company's minimum profit and overhead markup is 20%. Determine the profit generated by the estimator, project management, the concrete crew, and the framing crew on this project. (14 points) Job: 408 Winston Garage August 21, 2018 Contract Amount Billed to Date Overrun 125 100 48 12 -75 Code 1000 2100 2700 3300 3400 3500 3600 3900 6110 6120 7500 8110 8300 Description General Conditions Grading and Excavation Landscape Footing and Found Labor Footing and Found. Concrete Slab/Floor Labor Slab/Floor Concrete Rebar Rough Carpentry Lumber Roofing Metal Doors and Frames Overhead Door Paint Job Total Actual 3,275 2.000 152 462 475 395 1,964 225 1.522 2.257 850 243 392 700 14,912 Costs Budget 3,400 1.900 200 450 550 400 2.000 200 1,700 2.200 850 250 400 700 15.200 36 25 -178 57 0 -7 20.000 20,000 288

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