MindTap Engineering, 2 terms (12 months) Printed Access Card for Moaveni's Engineering Fundamentals, SI Edition, 5th
MindTap Engineering, 2 terms (12 months) Printed Access Card for Moaveni's Engineering Fundamentals, SI Edition, 5th
5th Edition
ISBN: 9781305110250
Author: MOAVENI, Saeed
Publisher: Cengage Learning
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Chapter 9.3, Problem 2BYG
To determine

Explain the properties, which represent how light or how heavy materials are per unit volume.

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6000 units have been installed to date with 9,000 units to install. Labor costs are $23,300.00 to date. What is the unit cost for labor to date?
The base rate for labor is $15/hr. The labor burden is 35% and 3% for small tools for the labor. There are 1000 units to install. Records indicate that trade workers can install 10 units per hour, per trade worker. The owners need 15% overhead and profit to pay bills, pay interest on loan and provide some profit to the partners. What is the minimum bid assuming no risk avoidance factor?
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