What is the nash bridges minimum acceptable contract price

Reference no: EM13201457

Nash Bridges Construction Company is a building contractor serving the Gulf Coast region.The company recently bid on a Gulf-front causeway improvement in Biloxi, Mississippi.Nash Bridges has incurred bid development and job cost-out expenses of $25,000 prior to submission of the bid.The bid was based on the following projected costs:

Cost Category

Amount

Bid development and job cost-out expenses

$25,000

Materials

881,000

Labor (50,000 hours @ $26)

1,300,000

Variable overhead (40% of direct labor)

520,000

Allocated fixed overhead (6% of total costs)

74,000

Total costs

$2,900,000

A.What is Nash Bridges' minimum acceptable (breakeven) contract price, assuming that the company is operating at peak capacity?

B.What is the Nash Bridges' minimum acceptable contract price if an economic downturn has left the company with substantial excess capacity?

Reference no: EM13201457

Questions Cloud

Disposal to secure the unity and cooperation of their member : Which of the following is not a resource congressional party leaders have at their disposal to secure the unity and cooperation of their members?

Performance of tasks that present ergonomic hazards : Describe at least four common potential injuries associated with performance of tasks that present ergonomic hazards. Select one and discuss how it may apply to a job with which you are familiar in the workplace.

Determine what choice the other prisoner will make : The classic prisoner's dilemma involves two suspects, A and B, who are arrested by the police. Because the police have insufficient evidence for conviction on a key charge, they place the prisoners in isolation and offer each.

Human service organization focused on providing job skills : Detailing how a human service organization focused on providing job skills to high school dropouts would address the following:

What is the nash bridges minimum acceptable contract price : The company recently bid on a Gulf-front causeway improvement in Biloxi, Mississippi.Nash Bridges has incurred bid development and job cost-out expenses of $25,000 prior to submission of the bid.

Are the two sets equal-equivalent-neither or both : Are the two sets equal, equivalent, neither, or both? explain your answer. V=( eye, nose, ear, mouth, tongue); W=( tongue, ear, mouth, eye, nose)

Distra support services : As a consultant for Distra Support Services, you are responsible for working with organizations who wish to improve functional areas within their business.

How the unemployment is part of the natural rate : part of the normal process of economic growth and development; the unemployment is part of the natural rate and need not concern policy workers. Discuss that statement and its relevance to the economy today.

Function of the federal courts : Prepare a short essay explaining organization and function of the federal courts. Also address the jurisdiction of the federal courts, explaining the requirements for filing in that jurisdiction.

User Account

All Pages