Q23 Contactor Wants Put Estimate Laying Lawn Area 16 Meters 16 Meters Corporate Headquarte Q34240091

Q23

A contactor wants to put in an estimate for laying a lawn areaof 16 meters by 16 meters at the corporate headquarters. The costof turf is $3.90 per square metre. He estimates the job will take 3days. Labor costs will be $120 per day and equipment hire will cost$50 per day. He adds a margin of 12% to the total cost to coveroverheads and profit. Work out his estimate. [2 Marks]

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Expert Answer

Total area to be covered by grass=16×16=256 square meter

Cost per meter square=3.90

Cost to cover 256 square meter=256×3.9=998.4

Labour