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Performance Assessment

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Last updated almost 2 years ago
6 questions
5
5
2
2
2
1
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.
Question 1
1.
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

__________ + __________ + __________ + __________ = __________
Question 2
2.
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

__________ + __________ + __________ + __________ = __________
Question 3
3.
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.

__________
Question 4
4.
Find the actual amount for each project bid.

Handy Dandy Carpenters

_______


Construction Corral

_______
Question 5
5.
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

_______
Question 6
6.
Frank should select __________ if he would like to select the lowest bid.