Module 5 quiz: Pricing labor and material

1. A crew costs you $86 an hour and installs 112.5 SF an hour. What's your labor cost per square foot?

About $0.76About $1.31About $0.52About $9.68

2. Why can the same crew cost more per square foot in small offices than on a big open floor?

Material costs more in small roomsEach room adds setup, cuts and edges, so fewer square feet get installed per hourWages are higher for office workSmall rooms need more attic stock

3. Your “burdened” labor rate is the true hourly cost of a worker. Which of these belongs in it?

Office rent and utilitiesFreight on flooring materialYour estimator's salaryEmployer payroll taxes, workers' comp, benefits and paid time off

4. How should you figure out how much adhesive to buy?

A flat 10% of the flooring costWhatever fits the client's budgetFrom the manufacturer's coverage rate for the trowel or method in the specWhatever the supplier decides to ship

5. A job will take several separate trips to the site (mobilizations). How should you price them?

As a percentage of square footageCount them from the schedule and phasing, and price each trip as its own lineDon't — commercial jobs don't pay for tripsOnly if the client asks

Pricing labor and material

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