A Bradenton tile operation needs 1850 net square feet and allows 6.0% waste. What purchase quantity should be planned?
Correct Answer
B) 1,968.1 sq ft
Purchase quantity equals net required quantity divided by one minus the waste percentage.
Why This Is the Correct Answer
Purchase quantity equals net required quantity divided by one minus the waste percentage.
Why the Other Options Are Wrong
Option A: 1,739.0 sq ft
1,739.0 sq ft is below the supported result for material waste allowance; it likely omits part of the approved scope, cap, credit, or holdback.
Option C: 1,856.0 sq ft
1,856.0 sq ft is below the supported result for material waste allowance; it likely omits part of the approved scope, cap, credit, or holdback.
Option D: 2,164.9 sq ft
2,164.9 sq ft is above the supported result for material waste allowance; it likely adds scope or money the rule does not allow.
Memory Technique
Purchasing Manager contract math: approved scope is the ruler for material waste allowance.
Reference Hint
Open-book path: tab Principles and Practices of Commercial Construction, 10th Edition to Principles and Practices of Commercial Construction, Material quantity planning and waste allowance; verify the trade cost, production, or field-control rule before answering.
More Business & Finance Questions
The Cedar Key subcontract closeout file requires 44 final releases, and 31 have been received. How many releases are missing?
A Florida GC prepaid $18,000 for annual insurance and expenses it evenly by month. After 7 months have expired, what prepaid asset remains?
The West Miami system access list starts with 22 active users, adds 4, and removes 7. How many active users should remain?
The Winter Park bank review shows a bank balance of $124,600, book balance of $119,400, and known timing items of $3,200. What unexplained difference remains?
The Riverview bank review shows a bank balance of $87,500, book balance of $90,400, and known timing items of $1,600. What unexplained difference remains?
A Satellite Beach contractor had 4 separations during the quarter and an average headcount of 32. What turnover rate should HR report?
A Winter Park startup budgets monthly overhead of $61,500 and wants a 4-month operating reserve. What reserve should be funded?
A Royal Palm Beach customer account has unpaid approved invoices of $126,000. Company policy requires review when unpaid invoices exceed $100,000. What status applies?
A Wildwood contractor had 9 separations during the quarter and an average headcount of 60. What turnover rate should HR report?
A Clermont field group had 64 absence hours out of 1280 scheduled hours. What absence rate should be reported?
People Also Study
Related Study Resources
Previous Question
A Florida GC has $72,000 cash, $318,000 receivables, $44,000 marketable securities, $126,000 inventory, and $455,000 current liabilities. What quick ratio should be reported?
Next Question
A Sarasota concrete crew has 5 workers for 9 hours at $42 per labor-hour. What direct crew labor cost should be charged to the cost code?