Having real difficulty on how to begin figuring out this problem. Can someone help with this.
You are the estimator for a concrete contractor and must prepare a bid on a job. The following specifications are given:
1. The village code requires driveways to be six inches thick and sidewalks to be four inches thick.
2. Delivered concrete costs the contractor $50.00 a cubic yard.
3. Excavation and removal of debris costs $25.00 a cubic yard.
4. Forms and their installation cost $0.60 a foot and must frame the entire perimeter of the project.
5. Puddling, the labor of spreading the fresh concrete, costs $30.00 an hour. Puddling requires about five minutes for each square yard of surface.
6. Finishing, or putting the final smooth surface on the concrete, costs the contractor $0.10 each square foot of surface.
7. Once you compute the cost of the job, you need to add your profit margin to the cost. The minimum generally acceptable profit margin is 15%.
The following is a plan of the driveway and sidewalk for which the bid is required.
You are the estimator for a concrete contractor and must prepare a bid on a job. The following specifications are given:
1. The village code requires driveways to be six inches thick and sidewalks to be four inches thick.
2. Delivered concrete costs the contractor $50.00 a cubic yard.
3. Excavation and removal of debris costs $25.00 a cubic yard.
4. Forms and their installation cost $0.60 a foot and must frame the entire perimeter of the project.
5. Puddling, the labor of spreading the fresh concrete, costs $30.00 an hour. Puddling requires about five minutes for each square yard of surface.
6. Finishing, or putting the final smooth surface on the concrete, costs the contractor $0.10 each square foot of surface.
7. Once you compute the cost of the job, you need to add your profit margin to the cost. The minimum generally acceptable profit margin is 15%.
The following is a plan of the driveway and sidewalk for which the bid is required.