OMG Engineers is a consulting firm that provides design and support services for civil engineering projects. OMG is in the process of preparing a tender for a project involving the extension of the main highway. The tender involves assessing the economic and environmental feasibility of each alternative.
OMG estimates tender costs by identifying all costs that are likely to be directly associated with the project. To obtain the final tender bid, the total professional (engineering and scientist) labour costs are marked up by 80 per cent, and all other costs are marked up by 50 per cent. These margins are intended to cover any indirect costs plus provide the required profit margin on the project.
The following direct costs has been estimated for the highway project:
Input Costs Civil engineers 150 hours $25 000
Environmental scientists 100 hours 15 000
Support labour 120 hours 10 000
Travel 1 000 km 1 000 Computer time 80 hours
2 500 Photocopying, phone, fax 500

Required:
1. Estimate the tender bid for the project. (5 marks)
2. Estimate the profit on the project if the bid is successful and all costs are incurred as planned. (5 marks)
3. Once a project has begun, OMG will use a costing system that tracks all direct costs to projects. If the highway bid is successful, how would managers at OMG use this information? (5 marks)
Note: If rounding off is required, round off your figures to 2 d.p.

Answers

Answer 1

Answer:

OMG Engineers (OMG)

1. The estimated tender bid for the project is $96,000.

2. The estimated profit on the project is $42,000.

3. Managers at OMG use this information to compare the actual costs incurred with the estimated costs.  This enables them to determine if they can still achieve the same level of estimated profit, control the project's costs, and to benchmark future projects.

Explanation:

a) Data and Calculations:

Markup of total professional (engineering and scientist) labor costs = 80%

Markup of other costs = 50%

Estimated direct costs:

Input Costs Civil engineers 150 hours   $25 000

Environmental scientists 100 hours          15 000

Support labour 120 hours                          10 000

Total direct labor costs                           $50,000

80% markup                                              40,000

Total direct costs                                    $90,000

Other costs:

Travel 1 000 km                      1 000

Computer time 80 hours       2 500

Photocopying, phone, fax        500

Total other costs                 $4,000

50% markup                          2,000         $6,000

Total bid costs                                        $96,000

Estimated project profit:

80% markup on direct labor costs          40,000

50% markup on other costs                      2,000

Total estimated project profit               $42,000


Related Questions

hey any musicians? i need help writing a song! i wanna add more lyrics to this already made song? any ideas?


also maybe pass me your snap or any other way we could talk ! ​

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Answer:

The lyric "oh girl" is probably the most cliche line ever... unless you're Dave Matthews. Instead of "You know I'd never mean to hurt you" you could have simply stated "you know that I'd never hurt you."

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Meridians are imaginary semicircles that link the North and South poles.

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Explanation:

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Are coloring book pages product or process art

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Answer:

I feel like they are more product, because the artist who made the outlines made the art to put in a coloring book.

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What are some of the purposes of Christian art?

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to give inspiration

so it can help some people

To help people find god and stuff like that.

What is the name of the painting above?

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Answer:

(A Burial At Ornans) is a painting of 1849–50 by Gustave Courbet, and one of the major turning points of 19th-century French art. The painting records the funeral in September 1848 of his great-uncle in the painter's birthplace, the small town of Ornans.

A burial at something is called a frog

You have a favourite brand of trainers that you love. You have asked your parents for a pair of these trainers as your birthday present. Last night you saw a documentary on the TV that showed where this brand of trainers is made and you saw that they are made in huge factories by children who have to work 14 hours per day and are treated badly. What do you do? Do you still want a pair of these trainers for your birthday?

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Answer:

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Explanation:

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PLEASE HELP ME SOMEONE

Answers

•ω• Hewo fren!

☆☆●◉✿ Answer:✿◉●☆☆

I believe this is art.

☆☆●◉✿Step-by-step explanation:✿◉●☆☆

See, I think this is art because art can be digital too, and digital drawings is art so as animations. This cartoon is basically a digital drawing animation. Even shows like comics and anime can be art too!

[I KNOW, SOWY I MADE IT CONFUSING. MY BRAIN IS IN A RUSH]

HOPE I HELPED!  ∧∧

→⇒brainliest please? ∑(OΔO )♥♥︎

Your classmate Consuela has to research an artist as part of her work on a project. She is interested in learning more about the Early
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Answers

Answer:

Filippo Brunelleschi

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7
Select the correct answer.
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A
surreal
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C.
abstract
OD
classical
OE
traditional

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Answer:

C. abstract

Explanation:

choose a museum we have not covered in this lesson and take a virtual tour. (The High Museum in Atlanta, The Chicago Museum of Contemporary Art, The Tate Gallery in London, and others have a strong presence on the Internet.) Describe the architecture of the building itself as well as the permanent collection. What is currently on exhibition?

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Answer:

Paintings and sculptures!

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Answer:

4

Explanation:

A half note consists of 2 quarter notes. a quarter note consists of 2 eight notes. 2 x 2 = 4

explain macrocosmic theories of conflicts​

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Answer:

it will help

Explanation:

https://www.investopedia.com/terms/c/conflict-theory.asp

Write three facts about your animal that you admire:

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The friendliest animals are dogs, since they are devoted to their owners and good in all senses. These are three facts about animals that we admire.

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The sweetest and nicest animals on the planet are dogs. A dog demonstrates his ferocious loyalty by listening, following, obeying, guarding, and other behaviors. They have a sense of smell at least 40 times better than we do.

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Paris.

let me click enter, brianly

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What do you know about Claude Debussy?

Debussy was admitted at the age of eleven to the Conservatoire de Paris, France's top music school, despite coming from a modestly wealthy family with no interest in the arts. Despite the orthodox academics at the Conservatoire's criticism, he initially studied the piano but eventually discovered his passion for creative music.

He spent many years honing his mature style, and he was almost 40 years old when Pelléas et Mélisande, his sole opera, brought him international acclaim in 1902.

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Answer:

I'm almost positive it's

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neon is not and impressionist is not.

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Answers

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Explanation:

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Your mom is te amo kfkf

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I do too I play Tova life world

eos
COLUMN A
COLUMN B
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Answers

Answer:

A

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column a

column b

this is the answer

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Answers

Answer:

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Explanation:

Question 2
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Answer:

There is no way to answer this question without knowing the name of the painting and the artists name so that the painting can be viewed.

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Answer: it looks like A 4D

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fantasy
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Answers

C. it creates a connection between love and sea

The rhyme scheme most clearly contribute to the meaning of the poem because it It creates a connection between the ideas of love and the sea.

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Answer:

Its c

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ape x

The design of the Taj Mahal in Agra, India was influenced by the architecture of the Islamic world. Thus, The correct statement is the Option C is the correct statement.

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who sings rich girl and what are The lyrics

Answers

Gwen stefani and the lyrics are Na, na, na, na, na, na, na, na, na, na, na, na
Na, na, na, na, na, na, na, na, na, na, na, na
Na, na, na, na, na, na, na, na, na, na, na, na
Na, na, na, na, na, na, na, na, na, na, na, na
If I was a rich girl (na, na)
See, I'd have all the money in the world, if I was a wealthy girl
No man could test me, impress me, my cash flow would never ever end
Cause I'd have all the money in the world, if I was a wealthy girl
Think what that money could bring
I'd buy everything
Clean out Vivienne Westwood
In my Galliano gown
No, wouldn't just have one hood
A Hollywood mansion if I could
Please book me first-class to my fancy house in London town
All the riches baby, won't mean anything
All the riches baby, won't bring what your love can bring
All the riches baby, won't mean anything
Don't need no other baby
Your lovin' is better than gold, and I know
If I was rich girl (na, na)
See, I'd have all the money in the world, if I was a wealthy girl
No man could test me, impress me, my cash flow would never ever end
Cause I'd have all the money in the world, if I was a wealthy girl
I'd get me four Harajuku girls to (uh huh)
Inspire me and they'd come to my rescue
I'd dress them wicked, I'd give them names (yeah)
Love, angel, music, baby
Hurry up and come and save me
All the riches baby, won't mean anything
All the riches baby, won't bring what your love can bring
All the riches baby, won't mean anything
Don't need no other baby
Your lovin' is better than gold, and I know
Come together all over the world
From the hoods of Japan, Harajuku girls
What, it's all love
What, give it up
What (shouldn't matter [Repeat x4]), what
Come together all over the world
From the hoods of Japan, Harajuku girls
What, it's all love
What, give it up
What (shouldn't matter [Repeat x4])
What happened to my life
Turned upside down
Chicks dat blew ya mind, ding, it's the second round
(Original track and ting, mmm)
You know you can't buy these things (no)
See Stefani and her L.A.M.B., I rock the fetish
People, you know who I am
Yes ma'am, we got the style that's wicked
I hope you can all keep up
We climbed all the way from the bottom to the top
Now we ain't gettin' nothin' but love
If I was rich girl (na, na)
See, I'd have all the money in the world, if I was a wealthy girl
No man could test me, impress me, my cash flow would never ever end
Cause I'd have all the money in the world, if I was a wealthy girl
Na, na, na, na, na, na, na, na, na, na, na, na
Na, na, na, na, na, na, na, na, na, na, na, na
Na, na, na, na, na, na, na, na, na, na, na, na
Na, na, na, na, na, na, na, na, na, na, na, na
Na, na, na, na, na, na, na, na, na, na, na, na
Na, na, na, na, na, na, na, na, na, na, na, na

Answer:

Gwen stefani and the lyrics are Na, na, na, na, na, na, na, na, na, na, na, na

Na, na, na, na, na, na, na, na, na, na, na, na

Na, na, na, na, na, na, na, na, na, na, na, na

Na, na, na, na, na, na, na, na, na, na, na, na

If I was a rich girl (na, na)

See, I'd have all the money in the world, if I was a wealthy girl

No man could test me, impress me, my cash flow would never ever end

Cause I'd have all the money in the world, if I was a wealthy girl

Think what that money could bring

I'd buy everything

Clean out Vivienne Westwood

In my Galliano gown

No, wouldn't just have one hood

A Hollywood mansion if I could

Please book me first-class to my fancy house in London town

All the riches baby, won't mean anything

All the riches baby, won't bring what your love can bring

All the riches baby, won't mean anything

Don't need no other baby

Your lovin' is better than gold, and I know

If I was rich girl (na, na)

See, I'd have all the money in the world, if I was a wealthy girl

No man could test me, impress me, my cash flow would never ever end

Cause I'd have all the money in the world, if I was a wealthy girl

I'd get me four Harajuku girls to (uh huh)

Inspire me and they'd come to my rescue

I'd dress them wicked, I'd give them names (yeah)

Love, angel, music, baby

Hurry up and come and save me

All the riches baby, won't mean anything

All the riches baby, won't bring what your love can bring

All the riches baby, won't mean anything

Don't need no other baby

Your lovin' is better than gold, and I know

Come together all over the world

From the hoods of Japan, Harajuku girls

What, it's all love

What, give it up

What (shouldn't matter [Repeat x4]), what

Come together all over the world

From the hoods of Japan, Harajuku girls

What, it's all love

What, give it up

What (shouldn't matter [Repeat x4])

What happened to my life

Turned upside down

Chicks dat blew ya mind, ding, it's the second round

(Original track and ting, mmm)

You know you can't buy these things (no)

See Stefani and her L.A.M.B., I rock the fetish

People, you know who I am

Yes ma'am, we got the style that's wicked

I hope you can all keep up

We climbed all the way from the bottom to the top

Now we ain't gettin' nothin' but love

If I was rich girl (na, na)

See, I'd have all the money in the world, if I was a wealthy girl

No man could test me, impress me, my cash flow would never ever end

Cause I'd have all the money in the world, if I was a wealthy girl

Na, na, na, na, na, na, na, na, na, na, na, na

Na, na, na, na, na, na, na, na, na, na, na, na

Na, na, na, na, na, na, na, na, na, na, na, na

Na, na, na, na, na, na, na, na, na, na, na, na

Na, na, na, na, na, na, na, na, na, na, na, na

Na, na, na, na, na, na, na, na, na, na, na, na

Explanation:

i love that song lol

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WHAT PROBLEMS may a SCULPTOR FACE?
WHAT TURNED OUT DIFFERENT FROM THE ORIGINAL PLAN?

Answers

Answer:

The problems for Sculptor is that they can't get the feature right and the place  where it belongs. The color and how they made the Sculptor.

Explanation:

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