Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the total financial impact to your budgeted concrete line items for footings and foundations by NOT locating some or all of the porta-Johns closer

Calculate the total financial impact to your budgeted concrete line items for footings and foundations by NOT locating some or all of the porta-Johns closer to the work than they could be. Use the following information to calculate and present your answer:

Together the crew will work on the footings and foundations for a total of 12 weeks. The crew impacted by the location of the porta-Johns consists of 9 carpenters and 3 laborers. The carpenters make $26.14 per hour and the laborers make $17.14 per hour. Both have a labor burden of 40%. By not moving some or all of the porta-Johns closer to the work it is taking each person an average of 4 minutes round trip to walk to and from the portable restrooms instead of the 1.5 minutes it would take if you moved them closer and thoughtfully placed them in a much better location. Each worker on average will make two trips to the restroom in the morning before lunch and two trips to the restroom in the afternoon after lunch. What amount of potential profit have you given up by simply not having the portable restrooms located closer to the work?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Financial Accounting Ch 1 17

Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton

1st Edition

0077370457, 9780077370459

More Books

Students also viewed these Accounting questions

Question

Cite ways to reduce excess spending.

Answered: 1 week ago

Question

1. List the basic factors determining pay rates.pg 87

Answered: 1 week ago