A conceptual storage building is 22,600 sf at a benchmark of $148 per sf. What budget does that produce?
Correct Answer
D) $3,344,800
Multiply building area by benchmark cost.
Why This Is the Correct Answer
Multiply building area by benchmark cost.
Why the Other Options Are Wrong
Option A: $3,124,000
$3,124,000 is below the supported result for square-foot check; it likely uses the wrong base, period, or account bucket.
Option B: $3,457,800
$3,457,800 is above the supported result for square-foot check; it likely adds an unsupported amount or compares the wrong financial base.
Option C: $3,615,000
$3,615,000 is above the supported result for square-foot check; it likely adds an unsupported amount or compares the wrong financial base.
Memory Technique
Square-Foot Check drawer for Owner Requests: label multiply before counting dollars.
Reference Hint
Open-book path: tab Principles and Practices of Commercial Construction, 11th Edition, 2024 to Conceptual estimating; square-foot model; match the role, timing, and required approval before choosing.
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