Question: Problem #2: You are a contractor assigned to estimate the cost of this development. After completing the quantity takeoff of the given materials, you have
Problem #2: You are a contractor assigned to estimate the cost of this development. After completing the quantity takeoff of the given materials, you have compiled the following list of materials, quantities, as well as cost estimates based on quoted values or ranges and and productivity rates based on your most recent jobs. Estimate the following for each material: a) Hours of time spent on each material; b) Cost of each material quantity (e.g., total cost for each material); and c) Total cost per unit if your crews total hourly billing rate (including all overhead) is $170/hour; and d) Cost per unit of each material quantity including both estimated labor and material costs for each material.
| Material | Material | Notes | Quantity | Unit | Cost | Productivity Rate | |
| [$/unit] | [Unit/hour] | ||||||
| A | Masonry | 8" | 1200 | sf | $ 2.39 | 45 | |
| B |
| 10" | 600 | sf | $ 2.50 | 38 | |
| C | Finish |
| 1800 | sf | $ 0.50 | 40 | |
| D | Installation | loose-fill | 24 | cyd | $ 1.08 | 4.5 | |
| E |
| rigid | 30 | cyd | $ 1.40 | 3.5 | |
| F | Concrete |
| 15 | cyd | $ 105.00 | 12 | |
| G | Rebar | <#5 | 100 | lb | $ 1.06 | 65 | |
| H |
| #5-#6 | 120 | lb | $ 1.12 | 60 | |
| I |
| >#6 | 90 | lb | $ 1.17 | 55 | |
| J | Fill | rock | 20 | cyd | $ 32.00 | 14 | |
| K | Plywood |
| 1300 | sf | $ 1.09 | 100 | |
| L | Moisture barrier |
| 1800 | sf | $ 0.11 | 60 | |
| M | Studs |
| 150 | bf | $ 42.50 | 120 | |
| N | Light fixtures |
| 30 | each | $ 38.00 | 2.5 | |
| O | Doors |
| 15 | each | $ 90.00 | 1.2 | |
| P | Windows |
| 25 | each | $ 65.00 | 1.4 | |
| Notes: | |||||||
| ` | Cyd: cubic yard; lb: pounds; sf: square feet; bf: board feet | ||||||
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