IMSE 530 Lecture 1: IMSE 530 - Solution 2-39

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This involves sanding the old stain and top coat (. 50/ft2), applying a new stain (. 00/ft2), and applying a new top coat of 2 layers of polyurethane (. 00/ft2). Dining room area = 11ft x 13ft = 143ft2. The wastage factor does not apply here since the wood is already in place. Cost of refinishing dining room = . 50 x 143ft2 = . 50. Requires the purchase of the wood flooring (. 55/ft2) and then its installation (. 50/ft2), applying a new stain (. 00/ft2), and applying a new top coat of 2 layers of polyurethane (. 00/ft2). Total labor cost/ ft2 = . 50 + . 00 + . 00 = . 50. Living room area = 12ft x 12ft = 144ft2. Living room area with wastage = 144ft2 x 1. 05 = 151. 2ft2. Cost of material = . 55 x 151. 2ft2 = . 76. Cost of labor = . 50 x 1442ft2 = . 00.

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