Reference no: EM132012515
Travon is a landscape architect who has received a ?$180,000 budget from the city to build a new park. From? experience, Travon knows that the budget is 1/3 for the? materials, 1/2 for the? labor, and the remainder for the anticipated profit margin. The space for the park is 500x600 square feet. The specifications requires 65,625 ft squared ft2 ?(square feet) of? flower/tree gardens; 9,375 ft squared ft2 of playground ?equipment; 28,125 ft squared ft2 of? walkways; and 140,625 ft squared ft2 of open green space.
Answer parts 1 through 3 about the project.
1. What is the expected dollar amount for? materials, labor, and? profit, and what fraction of the cost does profit? represent?
Solve for the expected dollar amount for materials and labor.
$60000 for materials
$90000 for labor
Solve for the expected profit margin. profit margin
$30000 The profit margin is 1/6 of the cost.
2. On a fractional? basis, what portion of the park will be covered by each? component?
?Flower/tree gardens represents what fraction of the park?
Playground equipment represents what fraction of the park?
Walkways represent represents what fraction of the park?
Open space represents what fraction of the park?
?(Please use simplified? fractions.)