Vegetation and topsoil from the project site

Assignment Help Financial Accounting
Reference no: EM13921852

A contractor has been awarded the contract for the construction of a small shopping center. The contractor has decided to use crawler tractors with dozer blades to remove the vegetation and topsoil from the project site, but is unsure which size tractor to use. The productivity of a medium-sized tractor is estimated to be 100 square yards per day, and the productivity for a heavy tractor is estimated to be 190 square yards per day. The average hourly ownership and operating cost (including labor cost) for the medium tractor is $85, and for the heavy tractor is $126.

a) Which tractor should the contractor select to minimize the direct equipment cost for clearing and grubbing the project site?

b) Using the tractor selected above, what is the estimated equipment cost for clearing and grubbing the 200-foot-by-270-foot site?

Reference no: EM13921852

Questions Cloud

Mission and purpose of the organization : 1. Describe the mission and purpose of the organization. 2. Who started the organization? Describe him or her (only if applicable). 3. What changes have occurred in society based upon the work of the organization?
The welding department : David Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 21,000 units in its beginning work in process inventory that were 85% complete with resp..
Explain why the supply curve has positive slope : Explain by using an appropriate diagram why the profit maximization condition for a firm is "marginal revenue equals marginal cost"
Determine the amount of interest expense reported : Determine the carrying value (face value less discount or plus premium) of the bond liability as of December 31, 2013.
Vegetation and topsoil from the project site : A contractor has been awarded the contract for the construction of a small shopping center. The contractor has decided to use crawler tractors with dozer blades to remove the vegetation and topsoil from the project site, but is unsure which size trac..
How would you describe the shift in demand intuitively : Draw the new demand curve on the same graph as used in (a) above and solve for the new equilibrium price and quantity. How would you describe the shift in demand intuitively?
Bright mind and highly intuitive nature : John always showed a bright mind and highly intuitive nature, but he never showed any desire for schooling. He saw society as an unfair, unforgiving system that repressed those of lower social status.
Advantages for both hardware and software firewalls : Examine two advantages and two disadvantages for both hardware and software firewalls. Explain whether you recommend the hardware or software firewall. Provide the rationale for your response
Identify major historical developments in world cultures : Explain how key social, cultural, and artistic contributions contribute to historical changes.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd