商业财务第 1196 / 1605 题
A change order adds $3,200 of direct cost to a job. If the contractor applies his standard 30% markup, how much should the change order add to the contract price?
a.$4,571
b.$4,160
c.$960
d.$3,200
解析
Markup = $3,200 x 30% = $960. Change order price = $3,200 + $960 = $4,160. Change orders should carry the same markup as base work to protect margin.
免费刷完整 1605 道题库 — 无需注册。
同考点相关题目
- A contractor's accounts receivable total $180,000 and annual credit sales are $1,080,000. Roughly how many days does it take on average to collect (days sales outstanding)?
- A contractor estimates a kitchen remodel: cabinets $8,000, countertops $3,500, labor $6,000, and permit $500. He adds a combined 22% for overhead and profit. What is the total price (nearest dollar)?
- A contractor's gross profit is $120,000 and overhead is $95,000. What is his net profit?
- A written, signed change order is important because it:
- A contractor's equipment cost $18,000 and after 3 years of straight-line depreciation (6-year life, no salvage) its book value is:
- A markup that covers BOTH overhead and profit is sometimes called: