The contractor was awarded a contract for the construction of a small commercial building for the...
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The contractor was awarded a contract for the construction of a small commercial building for the sum of $192000. The contract period was agreed to be 108 days. The critical path schedule is given below. The contractor conditions include the liquidated damages clause set at $100 per day. The contractor's tender price comprised: Direct cost O/h cost 108 days X $200/day Profit Total sum A 10 B 20 C 40 G 48 Analyze the actual profit. E D 8 30 F 30 H 24 20 K 15 166000 21600 4400 $192000 L 12 N M 10 6 ° 9 P 4 Q 4 The contractor was awarded a contract for the construction of a small commercial building for the sum of $192000. The contract period was agreed to be 108 days. The critical path schedule is given below. The contractor conditions include the liquidated damages clause set at $100 per day. The contractor's tender price comprised: Direct cost O/h cost 108 days X $200/day Profit Total sum A 10 B 20 C 40 G 48 Analyze the actual profit. E D 8 30 F 30 H 24 20 K 15 166000 21600 4400 $192000 L 12 N M 10 6 ° 9 P 4 Q 4
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Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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