Question

What is the percentage markup on a proposal as a percent if the fixed bid price offered is 552,000 and the sum of direct cost is 480,000?

The calendar day duration of a project is planned for 19 days based on a Monday through Friday work week. How many work days were available in this period if the start of the project was on the last Monday in July 2020?

What is the forecasted total project cost if the reported cost experience continues to the end that started with a total budgeted cost of 420,000 and a progress report gives the actual cost to date of 280,000 and earned value of 300,000?

A fixed price contract totaling 320,000 had actual cost 5% higher than estimated. The proposal had a profit of 15.0%. What is the new profit margin percent?

A fixed price contract including a profit of 340,000 totals 4.6 million with no reserve. In a progress report the CEV was given as 2.75 million and actual cost was 2.8 million. What is the forecasted (estimated) profit in units of currency using forecasting based on the assumption that cost performance on the contract to date will continue for the remainder of the project?

A negative 4 days slack for an activity in a project where the activity has an ES of 18 and duration of 10 means the activity has an LF of  ____ .

Answer 1

This question is based out on Contract Costing & Pert CPM.

Following formulas have been used:

1. Markup = Sell Price- Cost Price    X 100

Cost Price

Complete Solution is given in the images.

Thank you.