Question
The employees of company X have come up with an idea to change the floor of the employee bathroom that is deteriorated and in poor
The employees of company X have come up with an idea to change the floor of the employee bathroom that is deteriorated and in poor aesthetic condition. They will suggest changing the bathroom floor and the walls based on a preventive maintenance budget that the company has already designated. That corresponds to 1/32 of the annual budget for general repairs.
For this purpose, they've already gotten the measurements of the bathroom and the cost budget: 1. Purchase of materials. 2. Labor. 3. Miscellaneous. The employees are not sure if they can carry out the work, so they have made a fundraisnig campaign among the employees. They all have agreed to donate 0.5% of their monthly salary.
The following data is necessary to make the calculations: 1. Number of Employees: 12 2. Monthly salary range: $ 170 - $ 500. 3. The bathroom has a construction area to be repaired of 22 m2, and labor costs $ 35.40 per m2. 4. The annual budget for general repairs is 2% of net sales. And the net sales of this company X are: $ 145,000 annually.
Questions:
1.) Do they have all the information they need to carry out their remodeling project?
2.) If you think they do not, indicate what else you need to carry out the remodeling of the Employee Bathroom of Company X.
3. Present your findings so that you can defend and explain what you have found.
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