Given the table below, calculate the total cost for all the items needed. What would be the total estimate with a 15 percent contingency? If a 10 percent reserve is added, what would be the total estimate?ItemsCost/UnitQuantityWheel$50012Bearing$25400Clamp$540Nozzle$730Nut$240Caster $55120

Items Cost/Unit Quantity Total Estimate Wheel $500 12 $6000 Bearing $25 400 $10000 Clamp…

Answered: Given the table below, calculate the…

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Given the table below, calculate the total cost for all the items needed. What would be the total estimate with a 15 percent contingency? If a 10 percent reserve is added, what would be the total estimate?

Items	Cost/Unit	Quantity
Wheel	$500	12
Bearing	$25	400
Clamp	$5	40
Nozzle	$7	30
Nut	$2	40
Caster	$55	120

Expert Solution

Step 1

Items	Cost/Unit	Quantity	Total Estimate
Wheel	$500	12	$6000
Bearing	$25	400	$10000
Clamp	$5	40	$200
Nozzle	$7	30	$210
Nut	$2	40	$80
Caster	$55	120	$6600
		Total Estimate =	$23090

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