Estimating the total cost of a house by multiplying the total square feet by cost per square foot is an example of the apportion method of estimating costs.

Question

Quizplus · Accepted Answer

This method is actually an example of the unit cost estimation method, where costs are estimated based on a per unit basis (in this case, per square foot). The apportion method involves dividing a total cost into parts based on a key or proportion, which is not what is described.

Estimating the Total Cost of a House by Multiplying the Total