Performance Assessment 1

Last updated 7 months ago

6 questions

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.

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

__________ + __________ + __________ + __________ = __________

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

__________ + __________ + __________ + __________ = __________

Can Frank afford both estimate bids?

__________

Compare the two estimates and determine which company's estimate appears to be the least expensive.

__________

Find the actual amount for each project bid.

Handy Dandy Carpenters

_______ 

Construction Corral

_______

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

_______

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