You received a proposal for a company you frequently do business with. On this proposal they are indicating a labor cost of $750,000 and general administrative (G&A) cost of $250,000. You have the following knowledge about them:

--- The G&A rate on the last four projects they proposed 12-18 months ago was 23%

--- There have been no changes in their business operations (no new offices, expanded facilities and they have only increased the number of personnel in their direct labor workforce)

--- The contractor recently won an additional contract which doubled the amount of work they have

In conducting cost realism analysis you would:

Provide the contractor a rate they could not exceed for overhead

Anticipate a higher overhead rate due to the additional work they have obtained

Question the direct costs as being too high

Conduct a most probably cost establishing the high range for overhead at $172,500

Question 08. Given the following utility function and budget constraint, determine the optimal consumption bundle and draw it on the graph below. (Hint: Assume interior solution-not a corner solution). u(X1, X2) = X1"x2""", where a = I = PIXI + pzxz, where I = $1000, p1 = $5 and pz = $10 X2 X1A study of the career plans ofyou ng women and men sent questionnaires to all 7'22 members of the senior class of a particular college. ICline question asked which majorwithin the business program the student had chosen. Here are the data from the students who responded: _ _Im -- II II II [a] Describe the differences between the distributions of majors for women and men with percents. (Round your answers to two decimal places] Administration Finance Describe the differences between the distributions of majors for women and men in words. The biggest difference between women and men is in ---Select-- accounting administration economics nance . The field of ---Sele~::t-- accounting administration economics nance was the field most often selected by men. [b] What percent ofthe. students did not res pond to the questionnaire? The non respo rise weakens conclusio ns drawn from these data. {Round your answer to one decimal place} as Use the compound interest formula A = Pe\" to answer the following questions. (a) How much will $19700 be worth in 38 years if it is invested at 1.84% interest compounded continuously? (b) How much should you invest initially so you have $88000 in 11 years if you can get 3.46% interest compounded continuously? Question (10) What type of financing is generally caused by the capital investment cycle of a company that owns and operates hotels? Long-term to finance an increase in accounts receivable OShort-term to finance an increase in accounts receivable Long-term to finance the purchase of commercial real estate Long-term to finance the purchase of machinery and equipment Mark for review Submit