Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

Mrs. Tolstoy and her husband, Serge, are planning their dream house. Lot for house sits high on hill with beautiful view of Appalachian Mountains. Plans for house show size of house to be 2,900 square feet. Average price for lot and house similar to this one has been $120 per square foot. Luckily, Serge is retired plumber and thinks he can save money by installing plumbing himself. Mrs. Tolstoy thinks she can take care of interior decorating.

Following average cost information is available from local bank which makes loans to local contractors and disperses progress payments to contractors when specific tasks are verified as complete.

24% Excavation and framing complete
8% Roof and fireplace complete
3% Wiring roughed in
6% Plumbing roughed in
5% Siding on
17% Windows, insulation, walks, plaster, and garage complete
9% Furnace installed
4% Plumbing fixtures installed
10% Exterior paint, light fixtures installed, finish hardware installed
6% Carpet and trim installed
4% Interior decorating
4% Floors laid and finished

a. Determine the estimated cost for Tolstoy's house if they utilize contractors to complete all of the house?
b. Evaluate what cost of house would be if Tolstoys utilize their talents to do some of work themselves.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M932734

Have any Question? 


Related Questions in Business Management

Please watch the following video and then place your

Please watch the following video and then place your comments and answer the questions stated below. Ben Saunders: Why did I ski to the North Pole? http://www.ted.com/talks/ben_saunders_skis_to_the_north_pole In this dis ...

Question 1 summarize the role that the atmosphere

Question 1: Summarize the role that the atmosphere conditions of wind speed, temperature, and stability potentially impact plume modeling activities with a Gaussian model. Question 2: First, discuss the six featured disp ...

What are the benefits of web cache and list four of the

What are the benefits of web cache? and List four of the principles of the best use of cache?

Analyze the components of the emergency operations plan

Analyze the components of the Emergency Operations Plan (2013) for Holderness, New Hampshire. Write a two-page essay (500words). In the analysis, discuss the following: 1. Does the plan include the components of an Emerg ...

This is a message board questioncity police department

This is a message board question City Police Department instituted a health risk assessment program because it was concerned that all of its employees be physically fit and because its health insurance company indicated ...

Createnbspa 2- to 3-pagenbspcreatenbspa document of 10

Create  a 2- to 3-page  create  a document of 10 Frequently Asked Questions (FAQ) that you would expect to receive from users of a network, with a well-crafted response or answer. These FAQs should be related to what eac ...

Write a c program that fills random squares of 3 by 3 with

Write a C++ program that fills random squares of 3 by 3, with unique numbers from 1 to 9, and tests if the generated matrix forms a Magic Squares. Your program should loop until  three magic squares  are generated and  p ...

Incident response lab overviewin doing this assignment you

Incident Response Lab Overview: In doing this assignment, you will gain a better understanding of incident responses to various events. Your Task Create an Incident Response Plan Develop an incident response plan for you ...

Project management1 consider this statementnbsp project

Project Management 1. Consider this statement:  "Project management is more important in business today than it was 30 years ago."  Provide several reasons why this is true (more than five reasons).  Add some of your own ...

What are the advantages and disadvantages of different

What are the advantages and disadvantages of different legal forms of business organization? Could the limited liability advantage of a corporation also lead to an agency problem? Why? What legal form would an upstart en ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen