Calculate a weighted index for microbrewery construction

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Reference no: EM131202659

A microbrewery was built in 2012 at a total cost of $650,000. Additional information is given in the accompanying table (all 2000 indices = 100).

	Average
	Percentage of	Index	Index
Cost Element	Total Brewery Cost	(2012)	(2016)
Labor	30	160	200
Materials	20	145	175
Equipment	50	135	162

Calculate a weighted index for microbrewery construction in 2016.

Prepare a budget estimate for a microbrewery in 2016.

Reference no: EM131202659

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