answersLogoWhite

0


Best Answer

In my opinion the ratio of labor is 40% and Material is 60%

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the common ratio of labor cost to materials during a bid?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a labor ratio and what line items belong in it?

A labor ratio is the percentage of labor spent vs the amount of revenue earned. A labor ratio is the percentage of labor spent vs the amount of revenue earned.


What is the meaning of labor turnover?

Labor turnover is the ratio of the number of workers replaced to the average number of workers employed during a given time period.


What is the multifactor productivity ratio?

Multifactor productivity measures are indicators that take into account the utilization of multiple inputs (e.g., units of output per the sum of labor, capital, and energy or units of output per the sum of labor and materials).


What is typically the most efficient ratio of labor to capital?

equal amounts of labor and capital


What is common ratio?

the fixed amount multiplied is called Common ratio


What is common mode rejection ratio Explain briefly?

common mode rejection ratio is defined as ratio of differential voltage gain to common mode voltage gain Common mode rejection ratio is the ability of the circuit to reject common entries like noise.


How do you reduce a ratio in lowers term?

Find a common factor of the number in the ratio. If the common factor is 1, then the ratio cannot be reduced. Otherwise, divide both numbers of the ratio by the common factor. It will have been reduced.


What if a ratio does not have a common factor?

A ratio always has a common factor, even if it's only 1.


What is the common ratio in this sequence 6 12 24 48 96?

The common ratio is 2.


Does the terms of an arithmetic sequence have a common ratio?

No. An 'arithmetic' sequence is defined as one with a common difference.A sequence with a common ratio is a geometricone.


What is a dependency ratio of a population pyramid?

In economics and geography the dependency ratio is an age-populationratio of those typically not in the labor force


What are the materials contains components in a fixed ratio?

A compound :3