Michigan residential builders license maintenance and alterations 2 practice exam with verified solutions

Between $110,000 and $120,000 In the previous year, a company had revenues of $500,000, project overhead of $40,000 and company overhead of $75,000. The company expects the percentage for project and company overhead to remain the same for the current year. The company desires to make a 10% profit on a project it is bidding. The project would have $80,000 in direct costs. What should the bid price be? Failing to disclose one subcontractor's bid to another Which of the following is considered ethical behavior? in the window schedule Where would the most specific information about the size and location of windows be found in a set of construction drawings? 30 inches What is the maximum depth for a K-Series open web steel joist? 4 feet What is the minimum depth of a trench excavation in which a ladder is required to be provided? conducting test borings Before excavating for a new building, how should subsoil conditions be determined? 6 feet For roofing work, what is the minimum distance that materials and equipment can be stored from a roof edge without a guardrail being required K-Series Which designation is used by the Steel Joist Institute's Standard Specification to designate short span steel bar joists? Damage to adjoining property from a crane accident. Which of the following would typically be covered by a contractor's comprehensive general liability insurance policy? 6 BCY What is the approximate optimum hourly production rate for a wheeled backhoe filling hauling units? Struck capacity for the bucket is 6 loose cubic feet and the bucket fill factor is 110%. The cycle time is 2 minutes, the soil type is moist loam with a 25% swell factor. 2 2/3 square feet What is the minimum requirement for the placement of each tie in a block wall used with wood framing? 3.0 inches In general, what is the MINIMUM concrete covering for steel reinforcement in a footing? 45 degrees What is the maximum allowable slope for an excavation in Type B soil? $693.75 An employee earns $12.50 per hour. What is the gross pay of this non-exempt employee who works 45 hours during a holiday week, and receives 8 hours additional pay for the holiday? 1 1/2 inches How many inches should there be between a handrail and an adjacent wall? project overhead Costs that relate to construction but are not directly associated with labor and materials for a specific project are considered to be which of the following? OSHA Who oversees compliance with Material Safety Data Sheets? The business, or any part of it, can be sold, altered, or exchanged at will Which of the following statements about a sole proprietorship is TRUE? Constantly AT LEAST how often should employees watch for possible hazards at the jobsite? 5% What is the minimum allowable slope of the ground that is immediately adjacent to a foundation wall? They should be well supported between joists Which is true about the placement of flexible insulation batts located in floor joists above an unheated crawl space? 3/4 inch Nails used to fasten concrete roofing tiles MUST penetrate the deck a MINIMUM of how many inches or through the thickness of the deck, whichever is LESS? Deflect water from the foundation wall What is the purpose of a cove or cant strip at a foundation joint? more than $50,000 A lump sum contract on a project has a total contract price of $160,000. Retainage has been held back at 10%. The contractor has received progress payments for 75% of the project. The contractor submits a request for final payment for the now completed project. How much should the final payment amount be? 25 The escape devices for a trench over 4 feet deep must be within a maximum of how many feet of the worker? 6-inch drop in 10 feet A positive drainage slope away from a house foundation of 5% is equal to which of the following? All employers with at least 1 employee Who MUST follow the Fair Labor Standards Act? Insurance What protects a contractor from risk? verify that the representative has the authority to bind the corporation A contractor is about to sign an agreement with a representative of a corporation. Which should the contractor do? to cover company overhead costs Which could be a reason for using a lower than usual profit markup for a specific project? 10 feet Scaffolds MUST remain a MINIMUM of how many feet from a 50-kV power line? 14 inches If a jobsite walkway is required to have cleats due to its slope, what is the maximum allowable spacing for the cleats?