Your sister who married an American businessman wants to build a rest house in the highlands of Bukidnon. You have consulted a construction firm to contract the said project and your brother-in-law wants the quotation price to be in US Dollars. Now, you have received the estimate of the construction cost for the 2,000-square foot house will be $150,000. The information below of each cost category already include labor, material and overhead costs, they have been divided by percentage break down. A. What is the cost per square foot of the 2,000 square feet house? Items % To the total cost Permits and fees 8 Access roads and site 15 preparation Foundation and 13 masonry Walls, flooring, carpentry Heating, cooling and ventilation Wiring, plumbing and 12 13 10 communication Roofing 12 Painting, finishing and furnishing 17 100
Your sister who married an American businessman wants to build a rest house in the highlands of Bukidnon. You have consulted a construction firm to contract the said project and your brother-in-law wants the quotation price to be in US Dollars. Now, you have received the estimate of the construction cost for the 2,000-square foot house will be $150,000. The information below of each cost category already include labor, material and overhead costs, they have been divided by percentage break down. A. What is the cost per square foot of the 2,000 square feet house? Items % To the total cost Permits and fees 8 Access roads and site 15 preparation Foundation and 13 masonry Walls, flooring, carpentry Heating, cooling and ventilation Wiring, plumbing and 12 13 10 communication Roofing 12 Painting, finishing and furnishing 17 100
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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