Business, 12.11.2019 00:31 connermichaela

Hansel corporation has requested bids from several architects to design its new corporate headquarters. frey architects is one of the firms bidding on the job. frey estimates that the job will require the following direct labor.

labor estimated hours hourly rate
architects 176 $ 300
staff 352 75
clerical 825 20

frey applies overhead to jobs at 175% of direct labor cost. frey would like to earn at least $40,000 profit on the architectural job. based on past experience and market research, it estimates that the competition will bid between $298,000 and $376,000 for the job.

1. what is frey’s estimated cost of the architectural job?
2. if frey bids a price of $298,000, will it earn its target profit of $40,000?
3. what is frey’s estimated selling price?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 00:50, abcdefg87

Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)

Answers: 2

continue

Business, 22.06.2019 09:40, ameliaduxha7

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.

Answers: 3

continue

Business, 22.06.2019 11:40, taylor825066

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x, y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Answers: 3

continue

Business, 22.06.2019 13:10, KillerSteamcar

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

Answers: 2

continue

You know the right answer?

Hansel corporation has requested bids from several architects to design its new corporate headquarte...