Planning & EstimatingQuestion 507 of 700
A supplier quotes framing lumber at $650 per thousand board feet (MBF). A job requires 8,000 board feet. What is the estimated material cost before tax?
a.$3,250
b.$5,200
c.$650
d.$52,000
Explanation
Price is $650 per 1,000 board feet. For 8,000 board feet: 8,000 / 1,000 = 8 units, times $650 = $5,200. Option d multiplies by 8,000 instead of 8. Option a uses half the quantity. When pricing is quoted per MBF, divide the total board feet by 1,000 before multiplying by the unit price.
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