Performance Assessment - NICHOLAS GLAESER | Library

Frank wants to build a new house on his family's property in the country.  He has budgeted $34,594 for the entire project.  Frank asked two carpenters to each create a bid to build the new house.  Each bid identified the cost for each major part of the project using the same house plans with similar quality materials.

5

Estimate (to the nearest hundred) the total of each project bid to determine if Frank has budgeted enough money to select either carpenter.

Handy Dandy Carpenters

__________ + __________ + __________ + __________ = __________

5

Estimate (to the nearest hundred) the total of each project bid to determine if Frank has budgeted enough money to select either carpenter.

Construction Corral

__________ + __________ + __________ + __________ = __________

2

Can Frank afford both estimate bids?

__________

Compare the two estimates (answers to question 5 & 10) and determine which company's estimate appears to be the least expensive.

__________

2

Find the actual amount for each project bid.

Handy Dandy Carpenters

_______ 

Construction Corral

_______

2

What is the difference between the amount Frank budgeted for the project and the actual cost for Hand Dandy Carpenters?

_______ 

What is the difference between the amount Frank budgeted for the project and the actual cost for Construction Corral

_______

1

Frank should select __________ if he would like to select the lowest bid.