In a building construction project, 7,500 feet of insulated ductwork is required. The ductwork is made from 14-gauge steel costing $8.50 per pound. The 24-inch-diameter duct weighs 15 pounds per foot. Insulation for the ductwork costs $10 per foot. Engineering design will cost $16,000, and labor to install the ductwork will amount to $180,000.   What is the cost of the 14-gauge steel? $956,250 $887,456 $1,200,000 $1,000,000

ENGR.ECONOMIC ANALYSIS
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 In a building construction project, 7,500 feet of insulated ductwork is required. The ductwork is made from 14-gauge steel costing $8.50 per pound. The 24-inch-diameter duct weighs 15 pounds per foot. Insulation for the ductwork costs $10 per foot. Engineering design will cost $16,000, and labor to install the ductwork will amount to $180,000.

 

What is the cost of the 14-gauge steel?

$956,250
$887,456
$1,200,000
$1,000,000
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