A.Assuming a 40 hour work week for 50 weeks per year, what is the loaded labor cost per hour for the two man crew. B. Using online sources, provide an in depth estimate of direct cost for the work to be completed. Make sure your estimate includes the appropriate columns. C.Using the above estimate, add 10% for overhead expenses and 7% for profit to determine the amount of the final bid you will provide to the client.
Provide answers to the following questions. Please use the 2004-present CSI guide when answering questions regarding specifications.
- You are estimating the construction of a fire partition that is 10’ tall and 20’ long. Studs are placed 16” on center, there is a single plate top and bottom, and both sides are covered with ½” gypsum wallboard. Assume that you will require 1 roll of finishing tape and one 5 pound box of 2” drywall screws per 8’ length of wall and you will need one 61.75 lb bucket of joint compound.
Labor costs will be estimated as follows:
- Framing labor is 2 crew hours per 10’ length of wall.
- Finishing labor is 4 crew hours per 10’ length of wall.
The labor crew is composed of 2 laborers each making a base salary of $13.45 per hour. Their FICA is 6.8% of their wages, Medicare tax is 1.45% of the wages, unemployment insurance is 5% of their annual salary, and other overhead (retirement, insurance, etc.) is 34% of their salary. They also have a uniform allotment of $500 per year.
A.Assuming a 40 hour work week for 50 weeks per year, what is the loaded labor cost per hour for the two man crew.
B. Using online sources, provide an in depth estimate of direct cost for the work to be completed. Make sure your estimate includes the appropriate columns.
C.Using the above estimate, add 10% for overhead expenses and 7% for profit to determine the amount of the final bid you will provide to the client.
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