Question
Your company completed the site work for the Southeast Texas Office Complex. The costs are shown in Table 1. The site concrete labor and landscaping
Your company completed the site work for the Southeast Texas Office Complex. The costs are shown in Table 1. The site concrete labor and landscaping were done by subcontractors. The demolition and grubbing and the grading and excavation were done by the companys excavation crew. The companys minimum profit and overhead markup is 15%.
Which of the following is a correct combination of the profit generated by the minimum Profit & Markup and by the Estimator?
Profit_Min= $21,975, Profit_Est. = $6,525
Profit_Min= $22,975, Profit_Est. =$5,525
Profit_Min= $22,975, Profit_Est. =$6,525
Profit_Min= $21,975, Profit_Est. =$5,525
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