1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
choli [55]
3 years ago
8

Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for the house sits high on a hill with a beautiful

view of the Appalachian Mountains. The plans show the size of the house to be 2,900 square feet. The average price for a lot and house similar to this one has been $120 per square foot. Fortunately, Serge is a retired plumber and feels he can save money by installing the plumbing himself. Mrs. Tolstoy feels she can take care of the interior decorating.Page 153 The following average cost information is available from a local bank that makes loans to local contractors and dispenses progress payments to contractors when specific tasks are verified as complete. 24% Excavation and framing complete 8% Roof and fireplace complete 3% Wiring roughed in 6% Plumbing roughed in 5% Siding on 17% Windows, insulation, walks, plaster, and garage complete 9% Furnace installed 4% Plumbing fixtures installed 10% Exterior paint, light fixtures installed, finish hardware installed 6% Carpet and trim installed 4% Interior decorating 4% Floors laid and finished What is the estimated cost for the Tolstoys’ house if they use contractors to complete all of the house? Estimate what the cost of the house would be if the Tolstoys use their talents to do some of the work themselves.
Business
1 answer:
sergeinik [125]3 years ago
8 0

Answer:

$299,280

Explanation:

If the Tolstoys purchased the house they would pay on average $120 per sq ft x 2,900 sq ft = $348,000

If Mr. installs the plumbing and Mrs. Tolstoy decorates the house, they can save 10% (plumbing and installing plumbing fixtures) and 4% (interior decorating) = 14% of the cost

So the Tolstoys can save = $348,000 x 14% = $48,720

the cost of the house = $348,000 - $48,720 = $299,280

You might be interested in
Being antisocialble with people can lead you in serious danger
TEA [102]

Answer:

is this a question?

if its true or false its false

6 0
3 years ago
In the quantity discount model, the optimum quantity will always be found on the lowest total cost curve.
Leno4ka [110]

In the quantity discount model, the optimum quantity is not always be found on the lowest total cost curve. Therefore, it's false.

<h3>What is optimum quantity?</h3>

It should be noted that optimum quantity simply means the economic quantity that is purchased.

In this case, in quantity discount model, the optimum quantity is not always be found on the lowest total cost curve. Therefore, it's false.

Learn more about optimum quantity on:

brainly.com/question/17192219

4 0
3 years ago
Jorge martinez hates to do performance appraisals of his subordinates because he always struggles when he has to evaluate their
frosja888 [35]

Jorge should provide feedback from all around the employee.

4 0
4 years ago
Read 2 more answers
A grocery chain is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of
Verdich [7]

Answer:

$3.70

Explanation:

In this question we have to assume the items values

Let say

Sales = $100

So supply chain it spends 50% i.e $50

Profit is 4% i.e $4

Since the 46% is dividend among fixed and production costs

So the fixed cost is $23 and variable cost is $23

Now if the sales increase by $X, the revenue will increase by X.

So it would also increased the cost by X × (0.5+0.23)

And in overall, the profit is also increased

Plus it is given that there is  27% profit margin

So, the equation is

0.27X = 1

Therefore X = $3.70 with additional profit of $1

3 0
4 years ago
Activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including exp
stepladder [879]

Answer:

D. Operating activities.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

Hence, activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as operating activities. All the net income or cash from all operational business activities of a company is recorded as operating activities.

3 0
3 years ago
Other questions:
  • ________ is a type of theatre in which sketches and vignettes alternate with musical numbers, but no single story carries throug
    8·1 answer
  • Which of the following is an example of an illiquid asset?
    8·1 answer
  • An estimate based on an analysis of receivables shows that $790 of accounts receivables are uncollectible. the allowance for dou
    15·1 answer
  • Michael corporation manufactures railroad​ cars, which is its only product. the standards for the railroad cars are as​ follows:
    6·1 answer
  • We would expect the total utility of diamonds to be __________ than the total utility of water and the marginal utility of diamo
    5·1 answer
  • Madison Finance has a total of $20 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions
    5·1 answer
  • Lunderville Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,200 units
    13·1 answer
  • A steam generation system at a biomassfueled power plant uses an electrostatic precipitator (ESP) to clean its gaseous effluents
    7·1 answer
  • The seller of product a has no idle capacity and can sell all it can produce at $60 per unit. outlay (variable) cost is $12. wha
    14·1 answer
  • Most commentators cite the benefits of privacy as a reason why people ought to have some privacy rights. A right that benefits s
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!