Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ahmad and her family are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the

image text in transcribed
image text in transcribed
Ahmad and her family are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the Kuala Lumpur. The plans show the size of the house to be 1000 meter square. The average price for a lot and house similar to this one has been RMBE per mmetge square. The following table 1 is average cost information is available from a local bank that makes loans to local contractors and dispenses progress payments to contractors when specic tasks are veried as complete. Excavation and framing complete 24% Furnace installed 9% Roof and replace complete 8% Plumbing xtures installed 4% Windows, insulation. wall-cs. 17% Exterior paint, light xtures 10% plaster, and garage complete installed. nish hardware installed Wiring roughed in 3% Floors laid and nished 4% Plumbing roughed in 6% Carpet and trim installed 6% Siding on 5% Interior decorating 4% Table 1: Average cost information Based on Table 1: Average cost Information a. Estimate the cost for the Ahmads' house if they use contractors to complete all of the house and prepare the breakdown the estimate cost of all the @115 to assist Ahmad on managing progress payment between bank and contractors. I b. Fortunately, his father is a retired plumber and feels he can save money by installing the plumbing himself. Ahmad feels he can take care of the interior decorating. Estimate what the cost of the house would be if the Ahmad uw their talents to do some of the work themselves

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Cases In Human Resource Management In Hospitality

Authors: Shirley Gilmore

1st Edition

0131119834, 9780131119833

More Books

Students also viewed these General Management questions

Question

What is the use of bootstrap program?

Answered: 1 week ago

Question

What reward will you give yourself when you achieve this?

Answered: 1 week ago