If a hydraulic excavator’s purchase cost is $172,600 (a cost of $6,000 is included for tires), salvage value is $17,200, and the useful life is 8 years at 1,600 hours per year. What is the hourly depreciation and interest cost of the equipment (if the estimated interest is 6.5% per year)? (Hint: you may use PMT function in excel for calculation)

General conditions, also referred to as ____________, consist of all costs that can be readily charged to ____________, but not to a specific item of work on that project.

Which of the following is not a factor when calculating the depreciation and interest.

The amount of oil and grease required by any given piece of equipment does not vary with the type of equipment and job conditions.

Workers’ compensation insurance provides medical insurance benefits and may reimburse some of the lost wages to employees injured on the job or who contract an occupational illness.

The home office overhead costs include items that ____________ be readily charged to any one project and represent the cost of ____________.

What factors (at least 3) need to be considered when the contractor decides to bid or not to bid?

The concept of the “veil of ignorance,” as proposed by philosopher John Rawls, is primarily associated with:

Which of the following is the first sign that an unethical decision has occurred?

If you had been a whistleblower at Theranos, what potential challenges might you have anticipated in reporting the unethical practices, and how best could you navigate these challenges ethically?