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You are the project manager for Great North Construction, a company that specialises in the design and construction of steel and wooden bridges. Your project
You are the project manager for Great North Construction, a company that specialises in the design and construction of steel and wooden bridges. Your project is the construction of a new wooden bridge in Limpopo, South Africa. The following information is available: The client pays four monthly payments of R191 300 for February, R75 000 for March, R90 000 for April and R75 000 for May. You employ labour at R50 000 per month from February to May. You buy materials at R39 000 for February and R27 000 per month from March to May. You hire equipment for R55 000 per month from February to May. The cost of transport services totals R36 000 per month. I Compile a project cash flow statement for incurred costs during the four-month period from February to May. Also, indicate if there is a profit or loss at the end of the project
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