Question
ABC Construction has estimated the following costs for 2023 for one of its construction projects: Labor $282,000 monthly Materials $14,312,000 for the entire project Equipment
ABC Construction has estimated the following costs for 2023 for one of its construction projects: Labor $282,000 monthly Materials $14,312,000 for the entire project Equipment $ 3,800 weekly Utilities $8,800 weekly Leased CM trailer for $ 5,600 weekly Safety Consultant $ 4,500 monthly General overhead charged for 2022 for $18,000 monthly Job site security $5,500 monthly Environmental Consultant $ 4,500 monthly Garbage Disposal $ 1,800 every two weeks Revenue from recycling $ 3,000 monthly Traffic Control $1,600 weekly Direct costs of projects for 2023 for $960,000 monthly
Required:
How much should ABC Construction charge in Overhead for 2023, for each of its contracted twenty projects? (12 months or 52 weeks).
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