Question

On january 1, 2018, the mason manufacturing company began construction of a building to be used as its office headquarters. the building was completed on september 30, 2019. expenditures on the project were as follows:

Answer 1

The most overwhelming expense to the project was on manpower. The labor force to complete the building was larger than expected and therefore required a large compensation in the form of worker's salaries. To keep the project running smoothly and on time, it was necessary to allocate an amount of overtime that put the project slightly over budget. The next greatest expenditure was on materials and paying for the building itself. In all, the project finished just slightly over budget and within the allotted time frame.