Maurice Tutor

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Teaching Since: May 2017
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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 28 Jul 2017 My Price 4.00

construction experience

A contractor is contemplating to submit his tender papers for a small construction job which involves Rs 20,000 in materials and Rs 30,000 in wages. If his last year’s construction experience is as given below, what price should be quoted to maintain his profitability?Raw materials - Opening stock $ 20,000- closing stock $ 30,000Purchase of materials $ 170,000Wages paid $ 120,000Production expenses $ 120,000Non-production expenses $ 50,000Total contracted amount $ 500,000

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Jul 2017 10:07 PM My Price 4.00

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