A civil engineer has 2 alternative designs for a house. a. Design 1 calls for a workforce consisting of 5 men each costing P400/day. This design will be finished in 4 months.  b. Design 2 calls for a workforce consisting of 10 men each costing P370/day and is expected to be finished in 3 months. In addition, there will be a project engineer who will supervise the work and will be paid P800/day. Disregarding material cost, how much is the total salary expenses for Design 1 and for Design 2? Assume that there are 24 working days in a month.

EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN:9781337668279
Author:Henderson
Publisher:Henderson
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
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A civil engineer has 2 alternative designs for a house.

a. Design 1 calls for a workforce consisting of 5 men each costing P400/day. This design will be finished in 4 months. 

b. Design 2 calls for a workforce consisting of 10 men each costing P370/day and is expected to be finished in 3 months.

In addition, there will be a project engineer who will supervise the work and will be paid P800/day.

Disregarding material cost, how much is the total salary expenses for Design 1 and for Design 2? Assume that there are 24 working days in a month.

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