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Question 1 5 I 5 Fits A residential project has the following information: - Four major activities are scheduled across a 4month time span (shown
Question 1 5 I 5 Fits A residential project has the following information: - Four major activities are scheduled across a 4month time span (shown in the below bar chart}. - Assuming the monthly indirect cost {i.e., slte ofce costs, telephone, heat, light, and supervlsory salaries} is $5,000. - Assuming the direct costs are evenly distributed across the duration of the activity Time: months 1 2 3 4 What is the total cost at month 3? 150.000 Question 2 0 / 5 pts For the same residential project, if: . The markup is 8% . The owner retains 10% of all validated progress payment until completion How much money the contractor is expected to receive from the owner at month 3? 20,250 Question 3 0 / 5 pts For the same residential project, if the contractor will receive 8.2% of the contract price as advance payment, how much money the contractor is expected to received from the owner at month 3
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