1 The above figures place the cost of the addition at $124 per square foot. 2  This pricing structure assumes that carpenters charge an average of $70 per hour, electricians between $65 to $85 per hour, and painters between $20 and $35 per hour.
Generally speaking, this field is what is used to capture the detailed explanation of the business reason behind the expenses that are included on the report. On expense reports that are created using the Business Expenses template, not all expenses on the report may be related to each other.
General and administrative expense is the set of expenses required to administer a business, and which are not related to the construction or sale of goods or services.This information is needed to determine the fixed cost structure of a business.Examples of general and administrative expenses are: 1  Accounting staff wages and benefits.eneral and administrative expense is generally not considered to include research and development (or engineering) expenses, which are usually aggregated into a separate department. General and administrative expenses appear in the income statement below the cost of goods sold.