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Old MathJax webview the company's construction costs are 89% of revenues. What volume of work does the construction company need to achieve in order to
Old MathJax webview
the company's construction costs are 89% of revenues. What volume of work does the construction company need to achieve in order to make $100,000 of profit this year if they expand and hire the office manager and es- timator? How much must the company increase their revenues in order to expand? Table 9-1 Cost Information for Problem 10 Item Cost $19/hr for 20 hrs/week Estimator's Wages Office Manager's Wages Social Security $15/hr for 40 hrs/week 6.2% of wages to $128,700 Medicare FUTA SUTA Workers' Comp. General Liability 401(k) Health Insurance Vacation/Sick/Holidays 1.45% of wages 0.6% to $7,000 of wages per employee 2.0% to $12,000 of wages per employee $1.25 per $100 of wages 0.67% of wages 50% match up to 6% of wages $525/month per employee 10 days per year $21 per square foot per year $0.45 per square foot per month Rent Utilities the company's construction costs are 89% of revenues. What volume of work does the construction company need to achieve in order to make $100,000 of profit this year if they expand and hire the office manager and es- timator? How much must the company increase their revenues in order to expand? Table 9-1 Cost Information for Problem 10 Item Cost $19/hr for 20 hrs/week Estimator's Wages Office Manager's Wages Social Security $15/hr for 40 hrs/week 6.2% of wages to $128,700 Medicare FUTA SUTA Workers' Comp. General Liability 401(k) Health Insurance Vacation/Sick/Holidays 1.45% of wages 0.6% to $7,000 of wages per employee 2.0% to $12,000 of wages per employee $1.25 per $100 of wages 0.67% of wages 50% match up to 6% of wages $525/month per employee 10 days per year $21 per square foot per year $0.45 per square foot per month Rent Utilities
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