Finanzas ComercialesPregunta 1182 de 1605
A contractor bids a job with $15,000 direct cost, adds 18% overhead, then 12% profit on the subtotal. What is the total bid (rounded to the nearest dollar)?
a.$19,530
b.$18,000
c.$19,470
d.$19,824
Explicación
Direct $15,000 + 18% overhead ($2,700) = $17,700. Profit = 12% of $17,700 = $2,124. Total bid = $17,700 + $2,124 = $19,824.
Practica las 1605 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- Which markup on cost produces a 20% gross margin?
- A contractor sells a job for $60,000 that cost $45,000. What is the gross profit margin?
- A contractor's annual overhead is $75,000 and projected direct costs are $500,000. On a job with $20,000 direct cost, how much overhead should be allocated using the cost-based method?
- If a contractor's overhead is fixed at $10,000 per month and he completes 5 jobs that month, the average overhead absorbed per job is:
- On a balance sheet, which of the following is a CURRENT asset?
- On a balance sheet, which is a CURRENT liability?
Última revisión: · proceso editorial
Sen Lin, Fundador de PrepPass · Verificado con California CSLB Contractor License Law & Business Exam · Cómo revisamos
Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)