Question
The land you are planning to buy for the brewery is for sale for $100,000. You are planning on contracting out the parts of the
The land you are planning to buy for the brewery is for sale for $100,000. You are planning on contracting out the parts of the job yourself. From the various specialties you receive the following cost ranges:
| Specialty | Optimistic Cost | Most Likely Cost | Pessimistic Cost |
| Site Preparation & Foundation | $15000 | 22500 | 31000 |
| Structure | 400000 | 525000 | 600000 |
| Utilities | 30000 | 37000 | 40000 |
| Equipment Install | 150000 | 200000 | 275000 |
| Finishing | 50000 | 70000 | 100000 |
Using three-point estimation, determine the cost estimate to build the brewery.
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
