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7 August, 03:13

Twenty-thousand dollars was budgeted for the office renovation that had a task contingency multiplier of 1.3. The estimated cost of the task must be: About $26,000. About $15,400. About $22,800. About $18,600.

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  1. 7 August, 03:53
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    About $15,400

    Explanation:

    Given that,

    Amount of dollar budgeted for the office renovation = $20,000

    Task contingency multiplier = 1.3

    The estimated cost of the task is determined by dividing the amount of dollar budgeted to the task contingency multiplier.

    Therefore, the estimated cost of the task must be:

    = Amount of dollar budgeted : Task contingency multiplier

    = $20,000 : 1.3

    = $15,384.61

    Hence, it is about $15,400.
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