While preparing the material-order review for the grocery receiving dock, the cover-plate order includes 216 LF at $58 each before a 12% contractor markup. What extended price should be carried?
Correct Answer
B) $14,031
Extended price equals quantity times unit price, then multiplied by the markup factor.
Why This Is the Correct Answer
Extended price equals quantity times unit price, then multiplied by the markup factor.
Why the Other Options Are Wrong
Option A: $12,528
$12,528 is below the supported result for expansion-joint covers cost extension; it likely uses the wrong base, period, or account bucket.
Option C: $14,658
$14,658 is above the supported result for expansion-joint covers cost extension; it likely adds an unsupported amount or compares the wrong financial base.
Option D: $12,540
$12,540 is below the supported result for expansion-joint covers cost extension; it likely uses the wrong base, period, or account bucket.
Memory Technique
Expansion-Joint Covers fence: markup starts at cost, margin looks back from price.
Reference Hint
Open-book path: tab Principles and Practices of Commercial Construction, 10th Edition to Joint protection; linear material pricing; verify the construction method, material quantity, equipment use, unit conversion, or field-control calculation.
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