Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A general contractor has a contract to construct the water line for a new subdivision. The original estimate for the water line was $151,000 and
A general contractor has a contract to construct the water line for a new subdivision. The original estimate for the water line was $151,000 and no changes have been made to the budget. The water line has been installed by the general contractor itself and the costs to date for the water line are $110,000 and it is estimated that it will take another $23,000 to complete the water line.
What is the total committed cost of the water line for the general contractor? (Answer with a number only)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started