THE NEXT TWO (2) QUESTIONS ARE BASED ON THE FOLLOWING TABLE Excavation Site Foundation Framing Floor (concrete) Floor (asphalt tile) Ceiling (acoustical tile) Plumbing (three rooms) 59,400 cu. ft. x 115,385 sq. ft. 59,400 sq. ft.x per cu. ft.- $14,256 23,077 106,326 $0.24 $0.20 $1.79 59,400 sq. ft.x $4.90 $3.12 4,400 sq. ft.x$1.02 $4.35 per sq.ft. per sq. ft. per sq. ft. per sq. ft. per sq. ft. per sq. ft. = - 59,400 sq. ft. 185.328 4,488 19.140 - 4,400 sq.ft. Fixtures Drains 9fixturesx $2,525 per fixture = 22,725 2,280 87,912 52,250 18,480 6 units x x x $380 $1.48 $0.95 $4.20 $1.75 per unit per sq.ft. per sq. ft. per sq.ft. per sq. ft. Sprinkler system HVAC 59,400 sq. ft. 55,000 sq.ft. 4,400 sq. ft. 59,400 sq.ft. = = = = Electrical and lighting Exterior wall Concrete block Brick facade 15180 sq.ft. 5,060 sq. ft. x $12.09 per sq. ft. 183,526 $15.80 per sq. ft. 79,948 Partitions Walls Doors 8,650 sq. ft. x $3.70 per sq. ft. 32,005 1,030 8,760 59,400 sq. ft. $6.86 per sq. ft. - 407,484 59,400 sq.ft. $4.18 per sq. ft.- 248,292 30.000 $103 $18.25 per sq per sq. ft. Overhead doors (10 ft. 12 ft. 4) Roof joists and deck Roof cover and insulation Miscellaneous specified items Subtotal base cost Current cost multiplier 480 sq. ft. = 1.060 Subtotal Local cost multiplier Total cost 0.980 1.100 1.050 Indirect costs not included in cost manual Subtotal Indirect costs from completion to date of stabilized occupancy Subtotal Entrepreneurial profit at 10.0% of total direct and indirect costs Total Cost Plus site value and site improvements (rounded to nearest thousand) Total Project Value Source: Marshall Valuation Service Note: Contractor's overhead and profit and some indirect costs are included in the base costs; architect's fees an other indirect costs are not. The source of published cost data should be studied for a complete understanding what is included in the quoted costs. For purposes of simplicity, a percentage was applied to account for indirect costs. Using the unit-in-place method, calculate the subtotal base cost before applying any multipliers. 1) $1,916,467 (2) $1,922,317 18. $1,919,055 (4) $1,912,397 9. Using the unit-in-place method, calculate the total project value, assuming the base cost is $1,900,000. Round the project value to the nearest $1,000. (1) $3,087,000 (2) $2,953,000 (3) $3,158,000 4) $3,330,000 . The choice of whether to use reproduction or replacement cost in an appraisal depends mainly on the: (U) need for accuracy in the final value indication 2 entrepreneurial profit of developing the property (3) external obsolescence of the site. (4) purpose of the appraisal