| Assessment TASK 4 - Develop estimated proiect costs For each of the following questions, use appropriate costing software to calculate your responses. Base your responses on your answers to Assessment 3 above. 1. Having obtained the local prices for the materials in Assessment Task 3 above, price these items (using a format similar to Appendix 5 Estimate Sheet) allowing for wastage. 2. Add the labour cost to the materials in Assessment Task 3 above. 3. Calculate the composite rate for these items including materials, labour, plant and equipment. Master Builders Association Nov 2018 V 3.0 Page 9' of 27