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Concrete Mason These numbers are taken from Base Wage Base Hours Actual Hours Federal Tax 27.00 Pay Hours 50 60 8.50% the word Unemployment Tax 6.40% document->Worker Comp Insurance $ 0.05 Total Pay Hours PL & PD Insurance $ 0.035 Fringe Benefits $ 3.00 Concrete Finisher These numbers are taken from the word Base Wage Base Hours Actual Hours Federal Tax Unemployment Tax document->Worker Comp Insurance PL & PD Insurance Fringe Benefits Labor Descriptions Calculation Base Hours Weekday Overtime Weekend Overtime Average Actual Wage Federal Tax Unemployment Tax Worker's Comp Insurance PL & PD Insurance Fringe Benefits Total Burdened Cost Calculation for the Concrete Mason <-- Use this number in worksheet 2 for your comparison Pay Hours Labor Descriptions Average Actual Wage Federal Tax Calculation Base Hours Weekday Overtime Weekend Overtime Total Pay Hours Unemployment Tax Worker's Comp Insurance PL & PD Insurance Fringe Benefits Total Burdened Cost Calculation for the Concrete Mason <-- Use this number in worksheet 2 for your comparison

Concrete Mason These numbers are taken from Base Wage Base Hours Actual Hours Federal Tax 27.00 Pay Hours 50 60 8.50% the word Unemployment Tax 6.40% document->Worker Comp Insurance $ 0.05 Total Pay Hours PL & PD Insurance $ 0.035 Fringe Benefits $ 3.00 Concrete Finisher These numbers are taken from the word Base Wage Base Hours Actual Hours Federal Tax Unemployment Tax document->Worker Comp Insurance PL & PD Insurance Fringe Benefits Labor Descriptions Calculation Base Hours Weekday Overtime Weekend Overtime Average Actual Wage Federal Tax Unemployment Tax Worker's Comp Insurance PL & PD Insurance Fringe Benefits Total Burdened Cost Calculation for the Concrete Mason <-- Use this number in worksheet 2 for your comparison Pay Hours Labor Descriptions Average Actual Wage Federal Tax Calculation Base Hours Weekday Overtime Weekend Overtime Total Pay Hours Unemployment Tax Worker's Comp Insurance PL & PD Insurance Fringe Benefits Total Burdened Cost Calculation for the Concrete Mason <-- Use this number in worksheet 2 for your comparison

Fundamentals Of Construction Estimating
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter13: Pricing Subcontractors' Work
Section: Chapter Questions
Problem 2RQ
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Labor cost comparison of the burdened rates for a concrete mason and a concrete finisher. Must be completed in excel workbook. 

 

Concrete Mason

  • Project hours for this trade is 10 hours/day and 6 days/week (Monday – Saturday)
  • Base Wage: $27.00
  • Base Hours: 50 hrs/wk
  • Overtime Pay (after 50 hrs worked) = 1.5x base wage
  • No Weekend pay increase
  • Federal Tax = 8.5%
  • Unemployment Tax = 6.4%
  • Worker’s Compensation Insurance = $5/$100
  • PL & PD Insurance = $3.50/$100
  • Fringe Benefits = $3/hour

 

Concrete Finisher

  • Project hours for this trade is 10 hours/day and 6 days/week (Monday – Saturday)
  • Base Wage: $34.80
  • Base Hours: 40 hrs/wk
  • Overtime Pay (after 40 hrs worked, M-F) = 1.5x base wage
  • Weekend Pay = 2.0x base wage
  • Federal Tax = 7.5%
  • Unemployment Tax = 7.8%
  • Worker’s Compensation Insurance = $10/$100
  • PL & PD Insurance = $2.50/$100
  • Fringe Benefits = $3/hour
Concrete Mason These numbers are taken from Base Wage Base Hours Actual Hours Federal Tax 27.00 Pay Hours 50 60 8.50% the word Unemployment Tax 6.40% document->Worker Comp Insurance $ 0.05 Total Pay Hours PL & PD Insurance $ 0.035 Fringe Benefits $ 3.00 Concrete Finisher These numbers are taken from the word Base Wage Base Hours Actual Hours Federal Tax Unemployment Tax document->Worker Comp Insurance PL & PD Insurance Fringe Benefits Labor Descriptions Calculation Base Hours Weekday Overtime Weekend Overtime Average Actual Wage Federal Tax Unemployment Tax Worker's Comp Insurance PL & PD Insurance Fringe Benefits Total Burdened Cost Calculation for the Concrete Mason <-- Use this number in worksheet 2 for your comparison Pay Hours Labor Descriptions Average Actual Wage Federal Tax Calculation Base Hours Weekday Overtime Weekend Overtime Total Pay Hours Unemployment Tax Worker's Comp Insurance PL & PD Insurance Fringe Benefits Total Burdened Cost Calculation for the Concrete Mason <-- Use this number in worksheet 2 for your comparison
Transcribed Image Text:Concrete Mason These numbers are taken from Base Wage Base Hours Actual Hours Federal Tax 27.00 Pay Hours 50 60 8.50% the word Unemployment Tax 6.40% document->Worker Comp Insurance $ 0.05 Total Pay Hours PL & PD Insurance $ 0.035 Fringe Benefits $ 3.00 Concrete Finisher These numbers are taken from the word Base Wage Base Hours Actual Hours Federal Tax Unemployment Tax document->Worker Comp Insurance PL & PD Insurance Fringe Benefits Labor Descriptions Calculation Base Hours Weekday Overtime Weekend Overtime Average Actual Wage Federal Tax Unemployment Tax Worker's Comp Insurance PL & PD Insurance Fringe Benefits Total Burdened Cost Calculation for the Concrete Mason <-- Use this number in worksheet 2 for your comparison Pay Hours Labor Descriptions Average Actual Wage Federal Tax Calculation Base Hours Weekday Overtime Weekend Overtime Total Pay Hours Unemployment Tax Worker's Comp Insurance PL & PD Insurance Fringe Benefits Total Burdened Cost Calculation for the Concrete Mason <-- Use this number in worksheet 2 for your comparison
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ISBN:
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