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aivan3 [116]
3 years ago
7

Prepare a cost estimate for the construction of a small, high quality, office building that contains 18,525 square feet of floor

area. Use the data on the last page to prepare the estimate. Assume the cost of design for the project is 7% of construction, and a site-work cost of $180,000. What range or percentage of this cost would you recommend to define the level of accuracy
Business
1 answer:
Cerrena [4.2K]3 years ago
3 0

Answer: $2197570

Explanation:

The cost estimate is prepared below:

Base cost = $101.15 × 18525 = $1873804

Add: Site work cost = $180000

Total = $1,873,804 + $180,000 = $2053804

Add: Design fees = 7% × $2053804 = 0.07 × $2053804 = $143766

Estimated cost = $2053804 + $143766 = $2197570

The range or percentage of this cost will be +50%.

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In an economy with population growth at rate n, the change in capital stock per worker is given by the equation:_______.
Natalija [7]

Answer:

B. Δk = sf(k) – (δ + n)k.

Explanation:

The Solow Growth Model, developed by Robert Solow, a Nobel Prize winning economist. It was the first neoclassical growth model which was was built upon the Keynesian Harrod-Domar model. The modern theory of economic growth is given by the Solow Model.

The equation below gives us the change in capital stock per worker with population growth at rate n;

Δk = sf(k) – (δ + n)k.

Where k: capital stock per worker in period t

s: savings rate

δ: rate of depreciation of capital

n: labor or number of workers

sf(k): savings per capita multiplied by a fraction of income saved.

6 0
3 years ago
At the beginning of the recent period, there were 1,230 units of product in a department, 35% completed. These units were finish
Mashutka [201]

Answer:

7,640 units

Explanation:

Calculation for what the equivalent units produced by the department were Using the weighted average method

First step is to calculate the units Completed & transferred out

Completed & transferred out =6,100+1,230

Completed & transferred out=7,330

Second step is to calculate the EGIP

EGIP= (1,240*25%)

EGIP=310

Now let calculate the equivalent units produced by the department

Equivalent units produced=7,330+310

Equivalent units produced=7,640 units

Therefore Using the weighted average method, the equivalent units produced by the department were:7,640 units

4 0
3 years ago
Who has lost someone in the past year
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Answer:

i have

Explanation:

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Sally has been working really hard lately and asks her manager for a raise. Her manager tells her that she is already the highes
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Hacking is a term used to describe an unauthorized access to a computer data base for illegal purposes. It also means breaking into an organization's security data system either to corrupt data, steal information or disrupt certain activities.

Most hackers demand for monetary returns or cause collateral damage having gained unathourized access into an organization's data base.

There are several ways of hacking which includes;

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Organizations are beginning to expend money on their security systems by constantly updating them against any internal and external attack.

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