Problem 2.2 (4 pts.) Cost Estimating ref.: Newnan 9th Ed., p.26-53 (in newer editions pages may vary) Cedar Creek Gold, Inc. is interested in the construction of a mass storage building for truck spare parts, core drills and miscellaneous supplies. After discussing the project with a local contractor, they receive an estimate that the total construction cost of the 2,000 ft building will be $150,000. Costs within each category include labor, material, and overhead items. The percentage of costs for each of several items (categories) is broken down as follows: Cost Items Percentage of Total Costs (%) Construction permits, legal and title fees Roadway, site clearing, preparation Foundation, concrete, masonry Wallboard, flooring, carpentry Heating, ventilation, air conditioning Electric, plumbing, communications, surveillance Roofing, flooring Painting, finishing 8 15 13 12 13 10 12 17 100 a) What is the cost per square foot of the 2,000 ft storage building? b) If you are also considering a 4,000 ft layout option, estimate your construction costs if: 1. All cost items in the table) change proportionally to the size increase. ii. The first two cost items do not change at all; all others are proportionate