A microbrewery was built in 2012 at a total cost of $650,000. Additional information is given in

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A microbrewery was built in 2012 at a total cost of $650,000. Additional information is given in the accompanying table (all 2000 indices = 100).

Average Percentage of Total Brewery Cost Index Index (2012) (2016) Cost Element 200 Labor Materials Equipment 160 145 20

a. Calculate a weighted index for microbrewery construction in 2016.
b. Prepare a budget estimate for a microbrewery in 2016.

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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