chapter 6 costs - quantitative and unit-in-place costs

Question 1

large elements of the cost are broken down into segments. For example, the cost of the walls, floors, roofs, etc. are separately calculated and then added together at the end. This allows for more customization of cost figures. It is helpful when a structure has unusual features or mixed components. For example, the subject property might be an average quality house with a large, good quality addition.

Answer 1

unit-in-place method

Question 2

he most detailed method and is infrequently used due to the time, effort, and knowledge required to apply it properly.

Answer 2

quantity survey method

Question 3

total building cost is estimated by adding together the unit costs for the various building components. Sometimes this method is also called the segregated cost method. The Marshall & Swift Residential Cost Handbook can be used to develop cost estimate via the unit-in-place method or the comparative unit method (but not the quantity survey method).

Answer 3

unit in place method

Question 4

A one story house is rectangular and the dimensions are 28’ x 48’. How many lineal feet are there?
128
144
152
1,344

Answer 4

152

Question 5

If the exterior walls of a house that is 24 X 48 cost $114.78 per lineal foot, what would be the cost of the exterior walls on a unit-in-place basis?
$8,264
$16,528
$18,312
$22,890

Answer 5

$16,528

Question 6

The segregated cost method is another name for the \_\_\_\_\_\_\_\_\_\_\_\_\_\_ method.
Comparative unit
Quantity survey
Unit-in-place
Reproduction cost

Answer 6

unit in place

Question 7

A one story house is rectangular and the dimensions are 26’ x 44’. How many lineal feet are there?
70
90
120
140

Answer 7

140

Question 8

In the unit-in-place method of cost estimating, typical components would include:

Answer 8

Excavation
Foundation
Floor construction
Framing
Interior walls
Ceilings
Exterior walls
Roof framing
Roof covering
Plumbing
Heating system
Plumbing system
Electrical system
Special items

Question 9

In a unit-in-place cost estimation, all of the following components are standard EXCEPT \_\_\_\_\_\_\_.
Alarm system
Electrical system
Foundation
Roof framing

Answer 9

alarm system

Question 10

The most complex method of cost estimating is the \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ method.
Comparative unit
Quantity survey
Unit-in-place
Reproduction cost

Answer 10

quantity survey

Question 11

The Marshall & Swift Residential Cost Handbook can be used for which two cost estimating methods?

Answer 11

Unit-in-place and comparative unit

Question 12

The method of cost estimating that falls between the other two cost estimating methods in complexity is the \_\_\_\_\_\_\_\_\_\_ method.
Comparative unit
Quantity survey
Unit-in-place
Reproduction cost

Answer 12

unit-in-place

Question 13

The Marshall & Swift Residential Cost Handbook can be used to estimate costs using a \_\_\_\_\_\_\_\_\_\_\_ method, but not a \_\_\_\_\_\_\_\_\_\_ method.
Comparative unit, quantity survey
Comparative unit, unit-in-place
Quantity survey, unit-in-place
Comparative unit, segregated cost

Answer 13

Comparative unit, quantity survey

Question 14

The least complex method of cost estimating is the \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ method.
Comparative unit
Quantity survey
Unit-in-place
Reproduction cost

Answer 14

comparative unit

Question 15

The most complex method of cost estimating is the \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ method.
Comparative unit
Quantity survey
Unit-in-place
Reproduction cost

Answer 15

quantity survey

Question 16

If the exterior walls of a house that is 28 X 44 cost $104.44 per lineal foot, what would be the cost of the exterior walls on a unit-in-place basis?
$12,355
$13,512
$14,312
$15,039

Answer 16

$15,039

Question 17

Which method of cost estimating requires the estimator to estimate how many 2 x 4 studs and sheets of plywood would be necessary to construct the subject building?
Comparative unit
Unit-in-place
Quantity survey
Subdivision development

Answer 17

Quantity survey

Question 18

The segregated cost method is another name for the \_\_\_\_\_\_\_\_\_\_\_\_\_ method.
Comparative unit
Quantity survey
Unit-in-place
Reproduction cost

Answer 18

unit-in-place