Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

in detail explains the two following questions answers: 1- The following cost estimates were provided for your project: Cost of soil: $20.00 per cubic yard

in detail explains the two following questions answers:

1- The following cost estimates were provided for your project:

Cost of soil: $20.00 per cubic yard

Cost of sand: $40.00 per cubic yard

Cost of Sod: $50.00 per roll that is 3 by 30

Tree and shrubbery installation: $3500.00

You are at the final phase of your project and are doing final grading and landscaping. The estimates are 8 cubic yards of soil, 3 cubic yards of sand, 3600 square feet of sod, and tree/shrubbery installation. Including a 5 percent contingency, what is the estimated total cost?

Group of answer choices

$3,610

$6,069

$5.780

$7,380

2- You need to determine the selling price per unit for one of your firms products. You have been provided the following data to calculate the selling price.

Labor: 12.8 hours at 18.75 per hour

Overhead: 92% of labor

Material Costs: $65.10

Packing Costs: 10% of materials

Sales Commission: 10% of selling price

Profit: 22% of selling price

Group of answer choices

$782.96

$702.78

$532.41

Not enough information to determine.

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

Economic Growth In Latin America And The Impact Of The Global Financial Crisis

Authors: Mauricio Garita

1st Edition

1522549811,152254982X

More Books