Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
If direct cost are $37000 and overhead is 12% and profit is 5% what is the selling price? |
$44,578.31 (((37000 divided by 83%.... 12%+5%= 17% 100%-17%=83% |
|
After your bid for a public-works job has been accepted by the awarding authority, you recognize that you incorrectly listed one of your subcontractors. To correct your error, what you should do? |
Notify the awarding authority and request permission to make the necessary changes due your clerical error |
|
If a general contractor fails to pay a subcontractor and the general files for bankruptcy: |
The sub would probably be awarded a portion of his claim |