The operator of a rock quarry is invited to bid on furnishing 3,500 CY of aggregate for a job. The gravel is to be delivered to a job, which is 12 mi from the quarry. The aggregate will be loaded into trucks by a loader that can load at a rate of 80 cy/hr. The trucks will haul 12 cy/load and average 35 mi/hour loaded and 45 mi/hour empty. The estimated time to dump a load is 5 min. Assume 45 min/hr efficiency for the loading and hauling operation.
The cost information for the job is:
Royalty paid for aggregate = $1.35/cy
Overhead = $0.75/cy
Profit = $1.20/cy
Loader = $85.00/hr
Operator = $32.00/hr
Trucks, each = $55.00/hr
Truck driver, each = $28.00/hr
Foremen = $35.00/hr
Required:
What should be the bid price per cubic yard?
Answers: 3
Another question on Business
Business, 21.06.2019 16:00
Corey is trying to save money to buy a new tv. he invests $800 into an account paying 6.5% simple interest. for how long must he save if the tv costs $950? a. 2 years b. 3 years c. 4 years d. 5 years
Answers: 1
Business, 21.06.2019 22:50
Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 2
Business, 22.06.2019 05:20
142"what is the value of n? soefon11402bebe99918+19: 00esseeshop60-990 0esle
Answers: 1
Business, 22.06.2019 05:30
From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?
Answers: 1
You know the right answer?
The operator of a rock quarry is invited to bid on furnishing 3,500 CY of aggregate for a job. The g...
Questions
Mathematics, 19.02.2020 03:44
Biology, 19.02.2020 03:44
Mathematics, 19.02.2020 03:44
Chemistry, 19.02.2020 03:44
Mathematics, 19.02.2020 03:44
Social Studies, 19.02.2020 03:44
Mathematics, 19.02.2020 03:44
