Question 1.In a situation where conditions don’t allow you to make a fixed-dollar bid, you should

1.In a situation where conditions don’t allow you to make a fixed-dollar bid, you should

2. When estimating on a computer, what percentage of the total material cost should you add to cover tools, such as ladders, cords, and screw guns?

3. Which of the following would be the most professional way to handle changes made in the blueprints after the contract was signed?

4. Refer to Table 1. What’s the weighted labor rate per hour without fringes?

5. Which of the following does not need to be considered when deciding on the cost of a job?

6. After developing your bid, you need to create a proposal that states what you’ll be responsible for and what costs are included in the bid. Which of the following does not need to be included in the proposal?

7. Using the electrical estimating workbook, what’s the cost of purchasing and installing a meter/main combo if the cost of labor is $35 per labor unit?

8. As you increase your job experience, the time needed to complete a particular job decreases. To decrease your time in completing a specific job from 40 minutes to 30 minutes, you’ll most likely have to repeat a job

9. Many labor-related tasks are considered when developing a labor-unit count for a job. A portion of the labor-unit total includes

10. To develop an accurate bill-of-materials, you should count and measure each individual symbol on the blueprints. This process is called

11. When estimating a job’s labor costs, you should make allowances for

12. You’re figuring out the bid for a job that includes installing a device you’ve never installed before. To get an accurate and competitive bid for this installation, you should

13. When developing a bid for wiring a new building that contains 17 floors with the same basic wiring layout, you need to

14. After a bid is made, the rise in price of a certain type of material can be recovered if allowance was made in the _______ section of the bid.

15. A job that contains an expected 75 hours of labor should have a profit margin of at least

16. Based on the information in Table 2, what would be the cost of purchasing and installing the 12 fixtures if the cost of a labor-unit is $15?

17. What part of the bid would cover the cost of a nonproductive manager’s pay?

18. To keep track of individual jobs you would use a(n) _______ Worksheet.

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