What is friesen estimated cost of the architectural job

Assignment Help Other Subject
Reference no: EM131536373

Question: Multiplex Corporation has requested bids from several architects to design its new corporate headquarters. Friesen Architects is one of the firms bidding on the job. Friesen estimates that the job will require the following direct labor.

389_EH.png

Friesen applies overhead to jobs at 160% of direct labor cost. Friesen would like to earn at least $80,000 profit on the architectural job. Based on past experience and market research, it estimates that the competition will bid between $325,000 and $400,000 for the job.

1. What is Friesen's estimated cost of the architectural job?

2. What bid would you suggest that Friesen submit?

Reference no: EM131536373

Questions Cloud

Supply and demand for me and their interaction : Could you breakdown supply and demand for me and their interaction. As well as possibly give me some good examples that demonstrate supply and demand.
Why there is resistance to liberalizing lawyers fees awards : Discuss why there is resistance to liberalizing lawyers' fees awards? Explain if there is another approach such as proportionate responsibility
What type of enzymes are used in industry : Any other products you use contain enzymes? What type of enzymes are used in industry? Which enzymes are found in the food we eat?
Deficit and declining foreign currency reserves : Why a country with an overvalued fixed exchange rate is likely to experience balance of payments deficit and declining foreign currency reserves?
What is friesen estimated cost of the architectural job : Multiplex Corporation has requested bids from several architects to design its new corporate headquarters.
How have humans adapted to the two habitats and niches : How have humans adapted to the two habitats and niches? What difficulties might you have living in the assigned niche and why?
Concepts of affirmative action and employment at will : Utilizing case law examples, discuss the arguments for and against the concepts of affirmative action and employment at will
What events cause debits to be recorded in the foa : A recent balance sheet for Porsche AG shows beginning raw materials inventory of €83 million and ending raw materials inventory of €85 million.
Confidential information memorandum : Are potential acquisition candidates included in a CIM (Confidential Information Memorandum)?

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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