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
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter13: Pricing Subcontractors' Work
Section: Chapter Questions
Problem 2RQ
Related questions
Question
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F73b12af7-3b36-49b3-b08b-77695dab16d2%2Fbcea60db-0a75-47cc-ae86-a5f16479699c%2F56o50y_processed.png&w=3840&q=75)
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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