Mobilization Temporary Facilities Professional Services Which of the above items could be considered time sensitive? You are the chief estimator, and the Accounting Department has given you the following information: (a) Annual volume $58,000,000 (b) Total overhead expense: Salaries 1,900,000 Legal & Accounting Fees 350,000 Insurance 2,200,000 Rents 900,000 Utilities Other 200,000 500,000 $6,050,000 One of the other estimators asked which figure should be used for overhead on an estimate. What figure would you recommend? You are given the following information which was derived from several similar projects: II Steel Erected Project Year (Tons) Hours Notes "A" 1956 235 2,820 1st Project for company "B" 1960 350 3,675 "C 1967, 850 11,475 7 day strike at beginning "D" 1979 1,230 E 1980 850 F 1981 3,850 1,316 9,384 54,265 300 Ton deducted by C.O. 980 Tons added by C.O. Totals: 7,365 92,935 12.62 WH/TONS Should the estimator use 12.62 WH/TON for a 1992 project to erect 6,800 tons of steel? Based on the above information, what questions should the estimator ask about both the new project and the data from the past projects? a 8 B