Exercise 5-30 (Algo) Methods of Estimating Costs: Engineering Estimates (LO 5-2) Custom Homebuilders (CH) design and constructs high-end homes on large lots owned by customers CH has developed formules, which it uses to quote jobs. These include couts for materials, labor, and other costs. These estimates are also dependent on the region of the country o particular customer lives. The following are the cost estimates for one region Midwest 5227,00 stativ costs quare foot Chase) discouts- per square foot moderate un costa sertquare foot (luxury) Aliancesrate) collant (luxury) Utilitis costs tired) 100 3 $10.00 5. Con 0.00 $ 0.00 Required A customer has asked CH for an estimate on a basic 1,650 square foot hole on a vacant lot which wady P 1 of 18 ! Next > View previous attempt Required: A customer has asked CH for an estimate on a basic 1,650 square-foot home on a vacant lot, which already has utilities installed. The client is a cooking enthusiast, and also wants luxury appliances. Based on the engineering estimates above. what will such a houte cost to build? Administrative costs Buongcots Appliances U costs Estimated cost 27.500 495.000 50.000 70.000 052,500 $