AIC MOCK EXAM with Questions and answers
Why does the KISS rule apply to good writing? - "Keep it Simple Stupid" makes the writing clear and concise. FOB job site means the vendor is responsible for shipment of the order and ownership transfers from the supplier to the buyer at the job site. - True The base rate for labor is $15/hr. The labor burden is 35% and 3% for small tools for the labor. There are 1000 units to install. Records indicate that trade workers can install 10 units per hour, per trade worker. The owners need 15% overhead and profit to pay bills, pay interest on loan and provide some profit tot he partners. What is the minimum bid assuming no risk avoidance factor? - $2398.62
Written for
- Institution
- AIC
- Course
- AIC
Document information
- Uploaded on
- June 18, 2024
- Number of pages
- 23
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
aic mock exam with questions and answers
Also available in package deal