Area Figures Flashcards
1
Q
what is the definition of an Area Figure?
A
Variance of fixed and variable cost for a base house
2
Q
What is an Area figure Cost Estimate Sheet?
A
Shows fixed and variable cost sheet
3
Q
Fixed area figure
A
cost that will occur on each lot, usually a locked in number.
4
Q
Variable Area Figure
A
Cost that vary by lot. Example: dirt hauling, pump trucks
5
Q
what could happen if we didn’t plan for Area Figure costs?
A
No control over cost
No control over variance
6
Q
Is an Area Figure Cost the same as “Base House” cost?
A
No base house is if we were going to build a basic house with no options.
7
Q
List three items/phases that are considered Are Figures:
A
- Frost footers
- Pump Truck
- Pin Footers
8
Q
List three materials needed to calculate Area Figures:
A
Calculator, land contract, resite, product offering
