Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 (1 point) 12.1.1 We have a project to assemble 40 outdoor vinyl shed kits for a recreational resort. The kits are already bought

image text in transcribed

Question 1 (1 point) 12.1.1 We have a project to assemble 40 outdoor vinyl shed kits for a recreational resort. The kits are already bought and paid for by the owner, and a contractor is going to assemble them. The contract price for assembly is $3750. The owner knows you studied project management, and the project is underway, so they asked you to perform some EVM analysis for them. What is the budgeted cost per kit? Hint, use 5 significant figures as you perform your calculations, and at least 4 minimum for your answer, but you can use more. Your Answer: Answer Question 2 (1 point) 12.1.2 We have a project to assemble 31 outdoor vinyl shed kits for a recreational resort. The kits are already bought and paid for by the owner, and a contractor is going to assemble them. The contract price for assembly is $3950. The owner knows you studied project management, and the project is underway, so they asked you to perform some EVM analysis for them. What is our labour rate if the contractor planned on taking 5 hours to assemble each kit? Hint, use 5 significant figures as you perform your calculations, and at least 4 minimum for your answer, but you can use more. Your Answer: Answer Question 3 (1 point) 12.1.3 We have a project to assemble 40 outdoor vinyl shed kits for a recreational resort. The kits are already bought and paid for by the owner, and a contractor is going to assemble them. The contract price for assembly is $3400. The owner knows you studied project management, and the project is underway, so they asked you to perform some EVM analysis for them. How many kits are assembled if you told the owner you thought the %complete was 49%? Hint, remember you have to enter a number as a percent, use 5 significant figures as you perform your calculations, and at least 4 minimum for your answer, but you can use more. Your Answer: Answer Question 4 (1 point) 12.1.4 We have a project to assemble 35 outdoor vinyl shed kits for a recreational resort. The kits are already bought and paid for by the owner, and a contractor is going to assemble them. The contract price for assembly is $3000. The owner knows you studied project management, and the project is underway, so they asked you to perform some EVM analysis for them. We are part way through the project and you have determined 15.0 kits have been assembled. What is the percent complete? Hint, remember you have to enter a number as a percent. Your

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

Managerial Finance In A Canadian Setting

Authors: X. Lusztig, X. Schwab

4th Edition

0409806021, 1483106330, 9780409806021, 9781483106335

More Books

Students also viewed these Finance questions