Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

99. A reliable cost manual suggests cost figures and adjustment factors for a house like that diagramed below. Using the sketch, and the following data,

99. A reliable cost manual suggests cost figures and adjustment factors for a house like that diagramed below. Using the sketch, and the following data, estimate the total replacement cost of these improvements: Base cost $62/SF Are-shape multiplier 1.01 Extra exquipment $9,000 Local cost multiplier 1.04 Garage $20/SF Current cost multiplier 1.05 Driveway, walks $5,000 _ __ __ __ __ __ __ __ __ __ __ __ __ __ __ _ __ __ _ __ _ __ __ __ _ | 40 | 18 | | | | | | | | | | | | Garage | | | |20 | House 30| | 38| | | | |__ __ __ __ __ ___ __ | | | | | | _ __ __ __ ___ ___ __ | | | 20 | |8 |__ __ __20_ __ __ __ _ | (Choose the nearest to correct answer)
A: $130,000
B: $116,000
C: $138,000
D: $220,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

1st edition

978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302

More Books

Students also viewed these Finance questions

Question

Find the maximum flow in the graph below from source s to sink t .

Answered: 1 week ago

Question

What is the formula to calculate the mth Fibonacci number?

Answered: 1 week ago