Final Quiz: The Enemy
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Question 1 of 9
1. Question
What is the key ingredient that is too often ignored when it comes to making money?
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Question 2 of 9
2. Question
What are the Production Units?
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Question 3 of 9
3. Question
How much would each of the production units need to produce every week if the company overhead is $70,000 and the company has 50 workers that produce Gross Profit?
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$ .00
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Question 4 of 9
4. Question
Construction company:
Weekly Overhead: $6,500
Desired Net Profit: $1,000
Crew Members: 5
Days Worked: 6-
How much Gross Profit each crew member needs to produce each week? $ .00
How much Gross Profit each crew member needs to produce each day? $ .00
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Question 5 of 9
5. Question
What is a company’s Economic Engine?
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Question 6 of 9
6. Question
What is the Economic Engine we use in Construction?
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Question 7 of 9
7. Question
A job is estimated to take 1 week and this is the only job the company has
Contract price: $10,000
COGS- Labor: $1,200 a week
- Materials: $1,800
- Commission: $500
Overhead: $4,000 a week
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What would the Net Profit be? $ .00
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Question 8 of 9
8. Question
A job is estimated to take 1 week and this is the only job the company has:
Contract price: $ 50,000
COGS:- Labor: $10,000 a week
- Materials: $25,000
- Commission: $2,000
Overhead: $10,000 a week
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What would the Net Profit be? $ .00
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Question 9 of 9
9. Question
A job is estimated to take 6 days and this is the only job the company has:
Contract Price:$30,000
COGS:- Labor: $1,000 a day
- Materials: $10,000
- Commission: $1,000
Overhead:$13,000 a week
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What would the net profit be? $ .00
What would the net profit be if the crew took 3 days to do this job and then was able to go to a new job the remaining 3 days that week and made the same GP at the second job as it did on the first one? $ .00
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