Calculate the total cost for the project, Civil Engineering

Assignment Help:

The total equipment cost for an addition to a pharmaceutical plant is estimated to be $5,000,000. The percentages provided in the Table represent the average expenditures in other cost phases within the project budget. The total cost for the project is most nearly:

Solution: Calculate the total percentage of the items provided:

Total percentage = 70%

Apply the equation:   

Total Project Cost = Estimated Equipment Cost / (1 - Percent of Other Costs)

Total Project Cost   = $5,000,000/ (1 - .70)     

= $16,666,667

 


Related Discussions:- Calculate the total cost for the project

Explain what is stationing - transportation, Explain what is Stationing - T...

Explain what is Stationing - Transportation 1) Stationing concept is used along horizontal alignments for referencing purpose 2) 1 station = 100 feet 3) How do you repres

Door, types of door with sketches

types of door with sketches

Shear force and bending moment, how to draw load intensity and bending mome...

how to draw load intensity and bending moment diagram form a given shear force diagram

Explain the routine inspections - inspection of bridge, Explain the Routine...

Explain the Routine inspections - inspection of bridge? These determine the physical and functional condition of the structure, identifying changes from the inventory, baseline

Define reinforcing steel - limitations of ultrasonic system, Define Reinfor...

Define Reinforcing Steel - Limitations of Ultrasonic System? The sound velocity measurement taken parallel to the reinforcing bars embedded in the concrete will be markedly hig

Uses of bricks, Uses of Bricks In the following civil works Bricks are ...

Uses of Bricks In the following civil works Bricks are used: a. in building blocks. b. For lining of ovens, chimneys and furnaces. c. As aggregates in providing water

Show the functions of wet wells, Q. Show the Functions of wet wells? We...

Q. Show the Functions of wet wells? Wetwells are designed to store provisionallysewage/water before it is pumped out. They are generally provided for sewage and stormwater pump

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd