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Please show work so I know how to solve similar problems. Mrs. Publinsky and her husband, Xander, are planning their dream house. The lot for
Please show work so I know how to solve similar problems.
Mrs. Publinsky and her husband, Xander, are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the White Mountains. The plans show the size of the house to be 1,700 square feet. The average price for a lot and house similar to this one has been $116 per square foot. Fortunately, Xander is a retired plumber and feels he can save money by installing the plumbing himself. Mrs. Publinsky feels she can take care of the interior decorating. The following average cost information is available from a local bank that makes loans to local contractors and dispenses progress payments to contractors when specific tasks are verified as complete. 20% Excavation and framing complete 5% Roof and fireplace complete 5% Wiring roughed in 4% Plumbing roughed in 7% Siding on 28 Windows, insulation, walks, plaster, and garage complete 7% Furnace installed 3z Plumbing fixtures installed 8z Exterior paint, light fixtures installed, finish hardware installed 6z Carpet and trim installed 3z Interior decorating 4z Floors laid and finished 20\% Excavation and framing complete 5% Roof and fireplace complete 5 \% Wiring roughed in 48 Plumbing roughed in 7 \& Siding on 28 \% Windows, insulation, walks, plaster, and garage complete 7 \% Furnace installed 3\% Plumbing fixtures installed 8\% Exterior paint, light fixtures installed, finish hardware installed 6 \% Carpet and trim installed 3\% Interior decorating 48 Floors laid and finished Calculate the estimated cost for the Publinsky's house if they use contractors to complete all of the house. (Round the final answer to the nearest dollar.) Calculate the estimated cost for the Publinsky's house if they use their talents to do some of the work themselves (all plumbing and interior decoration). (Round the final answer to the nearest dollar.)Step by Step Solution
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