Question: please answer questions 1 and 2! thanks Exercise 5-29 (Algo) Methods of Estimating Costs: Engineering Estimates (LO 52) Custom Homebuilders (CH) designs and constructs high-end


please answer questions 1 and 2! thanks
Exercise 5-29 (Algo) Methods of Estimating Costs: Engineering Estimates (LO 52) Custom Homebuilders (CH) designs and constructs high-end homes on large lots owned by customers. CH has developed several formulas, which it uses to quote jobs. These include costs for materials, labor, and other costs. These estimates are also dependent on the region of the country a particular customer lives. The following are the cost estimates for one region in the Midwest Required: A customer has expressed interest in having CH build a moderate, 4,400 square-foot home on a vacant lot, which does not have utilities. Based on the engineering estimates above, what will such a house cost to build? Exercise 5-28 (Algo) Methods of Estimating Costs: Engineering Estimates (LO 5-1, 2) Ferdinand Construction (FC) manages the design and construction of hospitals. Ferdinand has developed several formulas that it uses to quote jobs. These include costs of basic construction but exclude equipment and furniture. These estimates are also dependent on the purpose of the hospital (teaching hospitals are more costly to build) and location (downtown hospitals are more costly to build) Both of these are based on the building costs. The estimated costs also depend on whether the hospital has few or many stories (high=rise buildings are more expensive). The following are the cost estimates for one region in the Northeast Required: A local university medical school has asked Ferdinand Construction to provide a quote on a high-rise teaching hospital located in the city center downtown. The university estimates the hospital will be 318,000 square feet in total Based on the engineering estimates above, what will such a hospital cost to build? Note: Enter your answers in thousands
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