Question
Select the fact(s) below that would go under a heading Work Completed in the Progress Report for the above noted renovation project. Follow the guidelines
Select the fact(s) below that would go under a heading "Work Completed" in the Progress Report for the above noted renovation project. Follow the guidelines reviewed in class.*
1 point
Work is progressing on schedule
The resurfacing of all wood floors, replacement of drywall, and installation of lighting systems will take place August 5 to August 18.
There should be no difficulties in finishing all work by the scheduled completion date.
Original quote you gave your client was $475,000 to complete the entire job
Costs of materials are coming in higher than you quoted her.
Replacement of heating and air conditioning system is in the preliminary stages
Materials costs to date are $90,500
You said you would be finished by August 20
The remainder of the labour costs you estimate is $73,000
As of July 6, all plumbing work has been done, and the circuit breaker panels, meters, service outlets, and all sub-flooring have been installed
Work is being done faster than expected so labour costs will probably end up lower.
Labour costs to date are $217,000
The remainder of the materials costs you estimate is $85,000
As a result, costs overall will not be higher than expected.
The upgrading of the central office and meeting room has been scheduled for completion from July 15 to August 4.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started