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Answer the following questions. Redo each table with the changes. Show all your work, labeled outside of the table, even if it is just to
Answer the following questions. Redo each table with the changes. Show all your work, labeled outside of the table, even if it is just to add two numbers. Submit using MS Word. 1. 1. Using Figure 6-2, what are the projected completion costs if the to date quantities changed from 124 to 150 and the to date expended costs changed from $179 to $225? Figure 6-2 Example of a Labor Cost Report PROJECT NAME: Big Office Building PROJECT NUMBER: 2015-012 CODE 035300,1000 DESCRIPTION Wall Forms CODE Description Labor Material Equipment 035300 3000 035300,4000 Subcontracts Sub Total Costs 035300.1000 035300.2000 1,120 PROJECT NAME: Big Office Building PROJECT NUMBER: 2015-012 BUDGET WEEK TO DATE UNIT QUANTITIES 60 Figure 6-3 Example of a Project Cost Summary LABOR COST REPORT EXAMPLE 124 $2,710 Sqft PENDED COST WEEK TO DATE ORIGINAL SCOPE REVISED BUDGET CHANGES BUDGET $1,285 $3,595 $2,310 $400 $504 $904 -0- $300 $207 $2.296 $74 Using Figure 6-3, what would be the expected projected gain/loss for cost code 035300.4000-Subcontracts assuming that a $100 change order was approved by the owner and that 100% of the change order was subcontractor costs? BUDGET TOTAL $179 $3,595 EXPENDED PERIOD TO DATE $179 $179 $800 $800 $300 $421 $421 $207 SO $100 $5,006 $1,400 $1,500 PROJECT COST SUMMARY EXAMPLE $341 UNIT COST BUDGET WEEK TO DATE COMPLETION GAIN/LOSS COMMITTED COST $120 $461 $3.21/sqft $1 23/sqft $1.44/sqft $1,613 PROJECTED EXPENDED CURRENT TOTAL COST PROJECTED COST $179 $1,141 $421 $220 $1,961 $1,613 $1,141 $421 $220 $3.395 $1,982 PROJECTED GAIN LOSS $1,982 ($237) ($121) ($13) $1,611
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