18-21. The material cost of a certain scope of work has a total of P250,500.00. Determine the number of days to finish the work if they are using 3 tools that has a rental price of P760.00 per day each. Use (Labor Cost + Equipment Cost)/Material Cost = 30%

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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. A 100 cu.m. pit is to be excavated using a hydraulic excavator with a rate of 7.1 cu.m.
per hour. The rental price of the hydraulic excavator is P12,600.00 per day. If the excavator is
used 8 hours per day, determine the equipment cost to finish the excavation work.
18-21. The material cost of a certain scope of work has a total of P250,500.00. Determine the
number of days to finish the work if they are using 3 tools that has a rental price of P760.00
per day each. Use (Labor Cost + Equipment Cost)/Material Cost = 30%
Workers
Salary per day
P1050.00
P650.00
P480.00
P320.00
Project Engineer
Foreman
2 Skilled Laborer
3 Laborer
Transcribed Image Text:. A 100 cu.m. pit is to be excavated using a hydraulic excavator with a rate of 7.1 cu.m. per hour. The rental price of the hydraulic excavator is P12,600.00 per day. If the excavator is used 8 hours per day, determine the equipment cost to finish the excavation work. 18-21. The material cost of a certain scope of work has a total of P250,500.00. Determine the number of days to finish the work if they are using 3 tools that has a rental price of P760.00 per day each. Use (Labor Cost + Equipment Cost)/Material Cost = 30% Workers Salary per day P1050.00 P650.00 P480.00 P320.00 Project Engineer Foreman 2 Skilled Laborer 3 Laborer
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