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Budget Accounting
Budget Accounting
ITEM II DEMOLITATION
A. Materials
120 sq.m Removal of existing ceiling, floor, walls, etc @ Php 35.00 Php 4,200.00
1 set Disposal of excess materials such as debris, etc @ Php 400.00 Php 400.00
Cost of Materials Php 4,600.00
B. Labor
1 Foreman for 2 days @ Php 600.00 Php 1,200.00
3 Laborer for 2 days @ Php 350.00 Php 2,100.00
Cost of Labor Php 3,300.00
SUMMARY
A. DIRECT COST
A.1. Materials Requirement Php 313,754.00
A.2. Labor Requirement 161,050.00
Total Direct Cost Php 474,804.00
B. INDIRET COST
B.1. O.C.M. (12% of DC) Php 56,976.48
B.2. Contractor Profit (10% of DC) 47,480.40
B.3. Contractor Tax 7% (DC + OCM + Profit) 40,548.26
B.4. Pre - Engineering Supervision 2,408.43
Total Indirect Cost Php 147,413.57
Total Estimated Project Cost Php 622,217.57
Prepared by: Checked by:
40,548.26
6,162.01
271,000.00