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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