From: Richard Kahn
To: "Jeffrey E." <jeevacation@gmail.com>
Subject: Jimmy First Invoice
Date: Tue, 14 Nov 2017 14:33:43 +0000
Attachments: doc02520420171113174649.pdf
after review of attached invoices from Jimmy i have the following comments:
1) jimmy is billing 88 per hour for his time plus 40% markup for total hourly cost of 123.20
2) total labor billed from 10-23-2017 thru 11-7-2017 was 24,009.25 (2,833.60 was jimmy time 23 hours)
3) his workers are earning I.5x their daily rate for weekend work
4) 40% markup is on hourly rate so payroll tax expense of 8% is included in 40% markup assuming these
workers are actually on payroll
5) hourly rates of men are as follows:
foreman 30.75
workers 17.75 22.00 24.25
please advise
thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
EFTA00957915