Question
Calculate the breakeven point for a new concrete contractor. Assume a fixed monthly overhead cost of $42,150 and a contribution margin of $70 for every
Calculate the breakeven point for a new concrete contractor. Assume a fixed monthly overhead cost of $42,150 and a contribution margin of $70 for every cubic yard of concrete sold and poured (labor included) to customers. If a concrete truck carries roughly 10 cubic yards, how many trucks per day will the concrete contractor need to order from the batch plant to break even every month? Assume a 30-day month.
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Flag question: Question 2Question 25 pts
How many sheets of .75 inch plywood are needed to cover a 32'x50' floor?
Flag question: Question 3Question 35 pts
What is "precast concrete?"
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Flag question: Question 4Question 45 pts
What is the purpose of "weep holes" in a masonry wall?
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Flag question: Question 5Question 55 pts
How much does a W12x40 steel member that is 10 feet long weigh?
Group of answer choices
400 pounds
120 pounds
300 pounds
4,800 pounds
Flag question: Question 6Question 65 pts
Fully explain the relationship between the three main financial statement.
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Flag question: Question 7Question 75 pts
If 2,500 bank cubic yards of loamy soil has to be exported from a site, how many cubic yards would have to be hauled away by truck? You can assume the loamy soil has a swell factor of 20% and a shrinkage factor of 15%.
Group of answer choices
2,000
2,875
2,125
3,000
Flag question: Question 8Question 85 pts
Determine the square feet of waterproofing needed for a rectangular basement 26 feet by 40 feet. The waterproofing is 8 feet high. How many gallons of waterproofing are needed if one gallon of waterproofing will cover 60 square feet? Please show your work for partial credit.
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Flag question: Question 9Question 95 pts
Fully explain the purpose of the general ledger and why it is important to maintain a good audit trail
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Flag question: Question 10Question 105 pts
Which of the following is used to seal construction and expansion joints poured in concrete structures to protect against leakage caused by hydrostatic pressure?
Group of answer choices
Expansion joint filler
Waterstops
Expansion joint cover
Trench frame covers
Flag question: Question 11Question 115 pts
How is wire mesh used to reinforce concrete typically taken off?
Group of answer choices
Volume
Square foot
Linear foot
Pound
Flag question: Question 12Question 125 pts
Of all of the bond (patterns) for masonry installation, which of the following is the least expensive to install?
Group of answer choices
Running
Basket weave
Vertical stacking
English
Flag question: Question 13Question 135 pts
What are the actual dimension of a 2x4 wood stud?
Group of answer choices
1.25 inches by 3.25 inches
2 inches by 4 inches
1 inch by 3 inches
1.5 inches by 3.5 inches
Flag question: Question 14Question 145 pts
What is the typical unit of measure for roll batt insulation when creating an estimate?
Group of answer choices
Square feet
Cubic feet
Linear feet
Pound
Flag question: Question 15Question 155 pts
How many square yards of carpet are needed to cover a room that is 20'x81'?
Flag question: Question 16Question 165 pts
Assume you have 25 pieces of 2 x 8 lumber that are each 8 feet long. How many board feet is this?
Group of answer choices
18 board feet
160 board feet
213 board feet
3200 board feet
Flag question: Question 17Question 175 pts
If 750 bank cubic yards of sand/gravel is to be imported to a site, how many cubic yards of material would need to be trucked in? You can assume the sand/gravel has a swell factor of 15% and a shrinkage factor of 95%.
Group of answer choices
863
790
882
638
Flag question: Question 18Question 185 pts
Explain the difference between the Percentage-of-Completion and Cash and Accrual accounting system?
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Flag question: Question 19Question 195 pts
Which of the following mortar types has the highest strength?
Group of answer choices
Type O
Type N
Type K
Type S
Flag question: Question 20Question 205 pts
A company passenger truck is an asset worth $27,500, with a useful life of 10 years, a 10% depreciation value per year and a $1500 a salvage value. The light truck is classified as a 5-year class under MACRS rules therefore assume a double -declining balance depreciation (200%) for the first 2 years and then revert back to straight line depreciation for the remaining period. Create a depreciation schedule that reflects this approach.
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