DA0-001 · Question #48
DA0-001 Question #48: Real Exam Question with Answer & Explanation
The correct answer is D: $702,500. The Rose unit has 1,700 square feet. To calculate the price, we need to find the average cost per square foot of the original floor plans and then multiply that by the square footage of the Rose To find the average cost per square foot of the original floor plans: (650,000 + 675,
Question
A development company is constructing a new unit in its apartment complex. The complex has the following floor plans: Using the average cost per square foot of the original floor plans, which of the following should be the price of the Rose unit?
Options
- A$640,900
- B$690,000
- C$705,200
- D$702,500
Explanation
The Rose unit has 1,700 square feet. To calculate the price, we need to find the average cost per square foot of the original floor plans and then multiply that by the square footage of the Rose To find the average cost per square foot of the original floor plans: (650,000 + 675,000 + 700,000 + 725,000 + 775,000) / 5 = 700,000 So, the average cost per square foot is $700,000 / 5 = $140. The price of the Rose unit would be $140 x 1,700 = $238,000. Therefore, the answer is D. $702,500
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