Calculate the total cost for the project, Civil Engineering

Assignment Help:

The total equipment cost for an addition to a pharmaceutical plant is estimated to be $5,000,000. The percentages provided in the Table represent the average expenditures in other cost phases within the project budget. The total cost for the project is most nearly:

Solution: Calculate the total percentage of the items provided:

Total percentage = 70%

Apply the equation:   

Total Project Cost = Estimated Equipment Cost / (1 - Percent of Other Costs)

Total Project Cost   = $5,000,000/ (1 - .70)     

= $16,666,667

 


Related Discussions:- Calculate the total cost for the project

Belt conveyors, Belt Conveyors: Belt conveyors are used for conveying ...

Belt Conveyors: Belt conveyors are used for conveying materials on a continuous basis. The materials usually handled are coal, mineral ores and stone. They are commonly instal

Joint continuity influenced by inclined bridge deck, Q. Joint continuity in...

Q. Joint continuity influenced by inclined bridge deck? Bearings are generally designed to sit in a horizontal plane so as to avoid the effect of extra horizontal force and une

Inadequate pile founding level, Reasons of common occurrence of "inadequate...

Reasons of common occurrence of "inadequate pile founding level" in piles of piers The most severe load on piers usually is the horizontal load owing to berthing and mooring o

Stacking of materials for building, briefly explain the stacking of materia...

briefly explain the stacking of materials in the site for general building?

Explain the anti slip devices - bridge bearing, Explain the Anti Slip Devic...

Explain the Anti Slip Devices - Bridge Bearing? It has been explained earlier that elastomeric bearings have a tendency to slip if the minimum normal pressure is less than 2 MP

Explain total dynamic head (tdh), Total Dynamic Head: (TDH) y-axis plo...

Total Dynamic Head: (TDH) y-axis plot point related to each x-axis flow rate along the system curve plot. TDH = h a = TSH + h f + v 2 /2g       v 2 / 2g usually small

STRUCTURAL MECHANICS, Define and explain Mohr’s theorem for finding slope a...

Define and explain Mohr’s theorem for finding slope and deflection.

Explain the design discharge for bridge waterway, Q. Explain the Design dis...

Q. Explain the Design discharge for bridge waterway? Design discharge for bridge waterway should be a flood of 50 year frequency. For very large bridges damage to which is like

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd