ALLOCATING EQUIPMENT COSTS TO JOBS
To determine the true profitability of construction projects, the cost of equipment must be accurately applied to jobs as the project progresses. In addition, managing equipment as a profit center will help make good decisions about when to rent, purchase, sell, and lease equipment. While the remodeler will want a simple method of cost allocation for hand tools, the general engineering contractor will need to keep accurate records of the use of large equipment on jobs in order to evaluate profitability accurately. This information also forms the basis for accurate estimating of jobs and needs to be periodically reviewed for accuracy.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/11660022
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Corporate Authors:
Scranton Gillette Communications
380 E Northwest Highway, Suite 200
Des Planes, IL United States 60016-2282 -
Authors:
- Smith, D
- Publication Date: 2000-2
Language
- English
Media Info
- Features: Figures; Photos;
- Pagination: p. 64-66
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Serial:
- Roads & Bridges
- Volume: 38
- Issue Number: 2
- Publisher: Scranton Gillette Communications
- ISSN: 8750-9229
- Serial URL: http://www.roadsbridges.com/rb/
Subject/Index Terms
- TRT Terms: Accuracy; Construction; Construction equipment; Cost allocation; Decision making; Management; Ownership, leasing and rental; Profitability; Recordkeeping
- Subject Areas: Administration and Management; Construction; Highways; Maintenance and Preservation; Vehicles and Equipment; I10: Economics and Administration; I50: Construction and Supervision of Construction; I61: Equipment and Maintenance Methods;
Filing Info
- Accession Number: 00789078
- Record Type: Publication
- Files: TRIS
- Created Date: Mar 31 2000 12:00AM