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A residential project has the following information: Four major activities are scheduled across a 4-month time span (shown in the below bar chart). Assuming the
A residential project has the following information: Four major activities are scheduled across a 4-month time span (shown in the below bar chart). Assuming the monthly indirect cost (i.e., site office costs, telephone, heat, light, and supervisory salaries) is $5,000. Assuming the direct costs are evenly distributed across the duration of the activity $80,000 $120,000 B $90,000 $50,000 D Time: months 1 2. 3 4 What is the total cost at month 3? For the same residential project, if: The markup is 8% The owner retains 10% of all validated progress payment until completion How much money the contractor is expected to receive from the owner at month 3? For the same residential project, if the contractor will receive 10.2% of the contract price as advance payment, how much money the contractor is expected to received from the owner at month 3
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