Homework Help is Here – Start Your Trial Now!
Engineering
Civil Engineering
Calculate the formwork material cost per use, given the following:Purchase cost  = $25/sf; gross area of forms for each use = 4,000 sf x 1.15 = 4,600 sfExpected to be used for five years, 60 times each yearSalvage value = 10%Annual interest rate = 6%

Calculate the formwork material cost per use, given the following:Purchase cost  = $25/sf; gross area of forms for each use = 4,000 sf x 1.15 = 4,600 sfExpected to be used for five years, 60 times each yearSalvage value = 10%Annual interest rate = 6%

Architectural Drafting and Design (MindTap Course List)
Architectural Drafting and Design (MindTap Course List)
7th Edition
ISBN:9781285165738
Author:Alan Jefferis, David A. Madsen, David P. Madsen
Publisher:Alan Jefferis, David A. Madsen, David P. Madsen
Chapter7: Construction Procedures
Section: Chapter Questions
Problem 7.15P
See similar textbooks
icon
Related questions
Question

Calculate the formwork material cost per use, given the following:
Purchase cost  = $25/sf; gross area of forms for each use = 4,000 sf x 1.15 = 4,600 sf
Expected to be used for five years, 60 times each year
Salvage value = 10%
Annual interest rate = 6%

Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Architectural Drafting and Design (MindTap Course…
Architectural Drafting and Design (MindTap Course…
Civil Engineering
ISBN:
9781285165738
Author:
Alan Jefferis, David A. Madsen, David P. Madsen
Publisher:
Cengage Learning
Fundamentals Of Construction Estimating
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:
9781337399395
Author:
Pratt, David J.
Publisher:
Cengage,
SEE MORE TEXTBOOKS