3. If total materials cost for the construction of a three-storey commercial building is P75,000,000.00 and labor cost is 40% of materials cost, determine the following: a. Cost of equipment, plants and tools if it is 15% of materials cost. b. Cost of overheads and profit if it is 20% of the combined materials and labor cost. c. Total project cost d. Compute the rate per unit item of work (cost per square meters) if floor area per level is 1,200 square meters.

3. If total materials cost for the construction of a three-storey commercial building is P75,000,000.00 and labor cost is 40% of materials cost, determine the following: a. Cost of equipment, plants and tools if it is 15% of materials cost. b. Cost of overheads and profit if it is 20% of the combined materials and labor cost. c. Total project cost d. Compute the rate per unit item of work (cost per square meters) if floor area per level is 1,200 square meters.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter9: Pricing Construction Equipment

Section: Chapter Questions

Problem 6RQ

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