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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  • 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

Subject/Index Terms

Filing Info

  • Accession Number: 00789078
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 31 2000 12:00AM