Question

Given the following monthly total direct and indirect costs, what are the overdraft in the 2nd month and payment received at
0 0
Add a comment Improve this question Transcribed image text
Answer #1

MoNNTH 2 2 Hank 4ra %) Tola billed Retainage Clo%) Paymeh eceived total cast to dJ* Tetal amount bi to dote Total Paid to dad

Add a comment
Know the answer?
Add Answer to:
Given the following monthly total direct and indirect costs, what are the overdraft in the 2nd mo...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • CE 210 please show all work TABLE 12.3 Overdraft Calculations with Mobilization Payment Month 1 Direct...

    CE 210 please show all work TABLE 12.3 Overdraft Calculations with Mobilization Payment Month 1 Direct cost $25,000 $65,000 $75,000 $15,000 ndirect cost 5,000 5.000 5.000 5.000 Subtotal 30,000 70,000 80,000 20,000 Markup (25%) 7.500 17.500 20,000 5.000 Total billed 37,500 87,500 100,000 25,000 Retainage withheld (10%) 3.750 8,750 Payment received $20,000 $33,750 $78,750 $100,000 Total cost to date 30,000 100,000 180,000 200,000 200,000 Total amount billed to date 37,500 125,000 225,000 250,000 250,000 Total paid to date $20,000 $53,750...

  • Given the following cost expenditures for a small warehouse project to include direct and indirect costs),...

    Given the following cost expenditures for a small warehouse project to include direct and indirect costs), develop an overdraft calculations' table, calculate the peak financial requirement, the average overdraft, and the ROR on invested money. Based on the prior calculations, sketch a diagram of the overdraft profile. Assume 12% markup. Retainage 10% throughout project. Finance charge is 1.5% month. Payments are billed at end of month and received one month later. Month Indirect + Direct Cost (S) $69,000 $21,800 $17.800...

  • 12.3 Given the following data with the direct costs for each activity as shown, calculate the...

    12.3 Given the following data with the direct costs for each activity as shown, calculate the ROR of the contractor. Assume that (a) the markup is 15%; (b) retainage is 5% on the first 50% of worth, and 0% thereafter; (c) payment requests are submitted at the end of each month, and payments are received one month later; and (d) the finance charge is 1% per month of the amount of the overdraft at the end of the month Timing...

  • dont calculate ROR please show work 12.1 Given the following cost expenditures for a small warehouse...

    dont calculate ROR please show work 12.1 Given the following cost expenditures for a small warehouse project to include direct and indirect charges), calculate the peak financial requirement, the average overdraft, and the ROR on invested money. Sketch a diagram of the overdraft profile. Assume 12% markup Retainage 10% throughout project Finance charge = 1.5% month Payments are billed at end of month and received one month later. TABLE 12.3 Overdraft Calculations with Mobilization Payment Month 1 Direct cost $25,000...

  • TABLE 12.3 Overdraft Calculations with Mobilization Payment Month 1 Direct cost $25,000 $65,000 $75,000 $15,000 ndirect...

    TABLE 12.3 Overdraft Calculations with Mobilization Payment Month 1 Direct cost $25,000 $65,000 $75,000 $15,000 ndirect cost 5,000 5.000 5.000 5.000 Subtotal 30,000 70,000 80,000 20,000 Markup (25%) 7.500 17.500 20,000 5.000 Total billed 37,500 87,500 100,000 25,000 Retainage withheld (10%) 3.750 8,750 Payment received $20,000 $33,750 $78,750 $100,000 Total cost to date 30,000 100,000 180,000 200,000 200,000 Total amount billed to date 37,500 125,000 225,000 250,000 250,000 Total paid to date $20,000 $53,750 $132,000 $232,500 Overdraft end of month...

  • CE413 CONSTRUCTION METHODS Due 4/24/2017 I. A contractor has a five-month project with the expected direct costs as...

    CE413 CONSTRUCTION METHODS Due 4/24/2017 I. A contractor has a five-month project with the expected direct costs as follows: 1 month 25,000, 2d month $40,000, 3d month $65,000, 4th month $80,000, and 5th month $30,000. It is assumed that ( 1 ) the monthly indirect cost is $6,000, (b) retainage is 10% for the first three months, and 0% thereafter; (c) the markup is 25%; and, (d) the monthly interest rate is 1%. The contractor submits payment requests at the...

  • PLEASE I JUST DONT NEED THE TABLE BUT ALSO ALL THE CALCULATIONS IN DETAILS ON HOW...

    PLEASE I JUST DONT NEED THE TABLE BUT ALSO ALL THE CALCULATIONS IN DETAILS ON HOW YOU GET EACH FIGURE THANK YOU Given the followingcost expenditures forasmall warehouse project to include direct and indirect charges), calculate the peak financial requirement, the average overdraft, and the ROR on invested money. Sketch a diagram of the overdraft profile. Assume 12% markup Retainage 10% throughout project Finance charge 15% month Payments are billed at end of anth and received one month later Month...

  • The Meredith Company reported the following information: Indirect Costs Direct Professional Variable Fixed Total |...

    The Meredith Company reported the following information: Indirect Costs Direct Professional Variable Fixed Total | Labor-Hours (1) (2) (3) 50,000 $70,000 $120,000 3,400 Variable Indirect Cost Rate per Direct Professional Labor-Hour (5) S14.70 Fixed Indirect Cost Rate per Direct Professional Labor-Hour (6) $20.58 Total Allocation Rate per Direct Professional Labor-Hour High- output month Low- output month 10,000 70,000 $80,000 900 S11.11 $77.77 Required: Compute the Total Allocation Rate per Direct Professional Labor-Hour. $352.90; 888.88 $35,299.90; $88,888.88 $3,529.90; $8,888.88 $35.29; $88.88...

  • How would I do direct and indirect cashflow and what would the income statement look at...

    How would I do direct and indirect cashflow and what would the income statement look at 31st Nov The company is a merchandiser, i.e. it purchases inventory at wholesale and sells it at retail. As of the 1st of November the company’s balance sheet was as shown next: Balance Sheet as of November 1 ASSETS LIABILITIES AND EQUITY Cash $100,000 Accounts payable $300,000 Bank CD 250,000 Shareholder loan payable 200,000 Accounts receivable 550,000 Salaries payable 40,000 Inventory 700,000 Common stock...

  • Complete the following Journal Entries: 1) On October 2nd, REI received the full payment (interest and...

    Complete the following Journal Entries: 1) On October 2nd, REI received the full payment (interest and principal) for the three-month $41,325 note issued on July 1st (transaction #1 – quarter 3). The interest received is for 3 months. 2) REI felt that their inventory levels were getting lower and they should purchase more units from EDL. On October 4th, REI purchased on account 500 DoorSpy units at $56 each. 3) On October 6th, Ella got a call from Larry who...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT