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2. Given the following cost expenditures (see Table P6.3) for a small bridge job to include direct and indirect charges (but not bank interest): A.
2. Given the following cost expenditures (see Table P6.3) for a small bridge job to include direct and indirect charges (but not bank interest): A. Calculate the peak financial requirement. B. Sketch a diagram of the overdraft profile. Assumptions: The markup for this project is 8%. Finance charge is 1% per month. Retainage is 6% throughout project. Payments are billed at the end of the month, and are received one month later. TABLE P6.3 Monthly Costs for Bridge Job Month Monthly cost 1 29,000 48,900 16,400 Direct cost + indirect cost 2. Given the following cost expenditures (see Table P6.3) for a small bridge job to include direct and indirect charges (but not bank interest): A. Calculate the peak financial requirement. B. Sketch a diagram of the overdraft profile. Assumptions: The markup for this project is 8%. Finance charge is 1% per month. Retainage is 6% throughout project. Payments are billed at the end of the month, and are received one month later. TABLE P6.3 Monthly Costs for Bridge Job Month Monthly cost 1 29,000 48,900 16,400 Direct cost + indirect cost
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