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About Lecture 8 - Construction Cost Estimates
Here are the steps to solve this sample problem: 1. Labor cost per cubic meter = (Foreman's wage + Skilled worker's wage + 5 Unskilled workers' wage) / Accomplishment per hour = (P50 + P40 + 5 * P35) / 0.45 = P400 2. Cost of materials per cubic meter = Cost of cement + Cost of sand + Cost of boulder = 3 * P150 + 0.25 * P300 + P250 = P750 3. Total cost = Labor cost + Material cost + Overhead + VAT = P400 * 1 + P750 * 1 + 0.3 * (P400 + P750) + 0.1 * P
Detailed Information
| Author: | ['Louise Luy'] |
|---|---|
| Publication Year: | 2017 |
| Pages: | 35 |
| Language: | English |
| Format: | |
| Price: | FREE |
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