Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

how is unit price, total price, profit/unit, unit price, and extened actual price are calculated? or all values in read are calculated. 1. Complete the

how is unit price, total price, profit/unit, unit price, and extened actual price are calculated?
or all values in read are calculated.
image text in transcribed
1. Complete the following table and use it to prepare the price proposal that your construction company will submit to compete for this project. Assume that your company has enough working capital to finance the project without borrowing money (Financial cost = $0 ). Project Fixed Cost =$350,000 Taras Dmfit - ern nn a. If your company decides to submit a balanced bid, what would be its total bid? (this is the number that the owner will use to award the contract) b. What would be the lowest possible bid if it is unbalanced by redistributing the Eixed Cost and Profit? 1. Complete the following table and use it to prepare the price proposal that your construction company will submit to compete for this project. Assume that your company has enough working capital to finance the project without borrowing money (Financial cost = $0 ). Project Fixed Cost =$350,000 Taras Dmfit - ern nn a. If your company decides to submit a balanced bid, what would be its total bid? (this is the number that the owner will use to award the contract) b. What would be the lowest possible bid if it is unbalanced by redistributing the Eixed Cost and Profit

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

How To Audit Learn How To Become An Auditor

Authors: Mireya Knolton

1st Edition

B097KPLYBF, 979-8524922564

More Books

Students also viewed these Accounting questions