A homeowner wants to build a fence on their property line. This fence will be 40ft long. The wooden fence can be built with posts every 8ft that cost $14. Pre-made fencing panels are 8' long are pre-made and cost $60 each. Each post required 2 bags of Quickrete that cost $5 each bag. What is the total estimated material cost for this fence? What additional materials costs should be considere?