Solve the questions below by typing in the correct factors or variables into the cells highlighted in orange and the right formulas into the cells highlighted in yellow. SECTION 1 - STANDARD EQUIPMENT FACTORED ESTIMATING1) Calculate the Total Installed Cost (TIC) of a plant based upon the following equipment cost data.DescriptionQtyUoMcolumns8EaUnit Purchase Cost($US)$1,618,000Total EquipmentPurchase Cost ($US)Field CostTotalEquipment TypeField CostFactor($US)FactorColumns2.60vertical vessels17Ea$1,110,000Vertical Vessels3.10horizontal vessels20Ea$952,600Horizontal Vessels2.50shell-and-tube exchangers25Ea$345,000Shell & Tube Exchangers4.10plate-fin heat exchangers8Ea$190,000Plat-Fin Heat Exchangers2.00pumps, motors34Ea$82,000Pumps, motors3.40Total Equipment Cost (TEC)Direct Field Cost (DFC)Direct Field Labor (DFL) 20% of DFCIndirect Field Cost (IFC) 110% of DFLTOTAL FIELD COST (TFC) = DFC + IFCHome Office Cost (HOC) 22% of DFCCommissioning 6% of DFCContingency 9% of TFC plus HOCTOTAL INSTALLED COST (TIC)

Approach to solving the question: we will apply the formula and will put all the values in it and…

Answered: SECTION 1 - STANDARD EQUIPMENT FACTORED…

Solid Waste Engineering

3rd Edition

ISBN:9781305635203

Author:Worrell, William A.

Publisher:Worrell, William A.

Chapter4: Mechanical Processes

Section: Chapter Questions

Problem 4.12P

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