0
Prime cost is as follows:
1 - Cement (Raw material)(direct material)
2 - workers (direct labor)
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
How do you save construction cost?
Br effectively execution and proper planing
What is a bridge deck?
is a cost effective, lightweight, modular deck system that lends itself to rapid construction
Disadvantages of oil-filled cable?
1- high maintenance cost 2- oil leaking 3- high construction cost (tanks-gauges- man-hauls- piping)
How much does the Aswan dam cost?
The building of the dam was funded by the Soviets who in June 1956 offered their loan of $1,120,000,000 at 2% interest for the construction.
What does Ditto mean in construction?
what is ditto in construction
What is the difference between prime cost and work cost?
Prime Cost has two meanings in construction. 1) Prime cost is the sum of all of the specialist works and specialist materials from nominated sub-contractors (NSC) and suppliers on site. The main Contractor can place a % profit and attendance on NSC, this must be adjusted in the final account. This is a Prime Cost as referred to in the Bill of Quantities 2) Prime cost in regards to a contract is the sum of all the major works which the Main Contractor must produce under the contract. Maybe knowing this will help you see the difference? I have never heard the phrase "work cost" to compare with prime cost.
What was the cost construction of fenway park?
cost of construction was $650,000 dollars
What was the construction cost of Baker Bowl?
cost of construction was $80,000 dollars
Where can construction cost estimating software be bought?
You can buy construction cost estimating software on eBay. Construction Book Express also has many different types of construction cost estimating software to buy.
Differntiate between prime cost and factory cost?
Prime cost is a subset of Factory cost. Prime cost consist of Direct material, Direct labour and Direct expenses. Factory cost = Prime cost + Production OH
What is construction methodology?
Construction methodology is the process or approach used to plan and execute construction projects. It includes tasks such as site preparation, material selection, construction techniques, and project management strategies. Different projects may require different methodologies based on the scope, location, budget, and timeline.
What was the construction cost of The Bellagio in Las Vegas?
The Bellagio had an original construction cost of $1.6 billion.
Is variable overheads include in prime cost?
Direct labor and direct materials are the components of prime cost so no other cost is part of prime cost and hence variable overheads also not included in prime cost.
What is the construction cost per square foot in Miami?
cbs construction what is the cost per sq ft.
What is the formula to calculate prime costs?
Formula for Prime Cost = Material Cost + Labor Cost
Is the direct expense part of prime cost?
yes it is part of the prime cost
What is Prime Margin?
Sales minus Prime cost = Prime Margines. Direct material and direct labor are often referred to as prime cost.
