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

This is a marketing questionwrite a brief report on your

This is a marketing question: Write a brief report on your personal consumer behavior and how you make purchases (Your Consumer Decision Process)) Paper should be about 2-3 paragraphs and have some examples.

Long answerspart a1 what is required to implement an

Long Answers Part A: 1. What is required to implement an organization's commitment to social responsibility? What are the main obstacles to implementing socially responsible policies? Name specific actions that can be ta ...

Afirm faces the following average revenue demand curve p

A firm faces the following average revenue (demand) curve: P = 100 - 0.01Q where Q is weekly production and P is price, measured in cents per unit. The firm's cost function is given by C = 50Q + 30,000. Assuming the firm ...

Review the following articlesarticle 1article 2article

Review the following articles: Article 1 Article 2 Article 3 Based on the religious discrimination lawsuits outlined in the articles, imagine that you work for a retail store, and you were asked to develop training for e ...

Apa format nbspfour double-spaced pages nbspretail

Apa format  four double-spaced pages  retail management paper  Part A  what are the advantages and disadvantages of advertising public relations personal selling and sales promotions from the perspective of a small indep ...

Create a class named collegecourse that includes 4 fields -

Create a class named CollegeCourse that includes 4 fields - the department name (e.g. "ENG"), the course number (e.g. 101), the number of credits (e.g. 3) and the course fee (e.g. "360"). Add getters and setters methods ...

Suppose that rio rancho elementary school rres currently

Suppose that Rio Rancho Elementary School (RRES) currently employs 30 teachers, the only variable input, at a (weekly) wage rate of $700. The average product of labor (APL) (e.g. average student-teacher ratio) is 20, the ...

How to manage conflict in the workplacepaper

How to Manage Conflict in the Workplace Paper instructions:Managers at all levels have to deal with conflict in the workplace. The extent to how well conflicts are resolved depends largely on how they are addressed. Care ...

Directions based on the learning experience in this course

Directions : Based on the learning experience in this course along with the new marketing knowledge that you have acquired discuss in 400 words how you can use these practices to improve the marketing effectiveness in yo ...

Discuss the appropriate uses of an raci matrix and describe

Discuss the appropriate uses of an RACI Matrix and describe a situation at your work where you might incorporate an RACI Matrix.

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

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