Question

Calculate the total cost of right of way acquisition from the information below: Right of Way...

Calculate the total cost of right of way acquisition from the information below:

Right of Way Type

Unit Cost per acre

Acres

Total Cost

Undeveloped

$9,970

Forest

$162,140

Historic

$1,250,000

Habitat

$300,000

Homework Answers

Answer #1

Solution:- the values given in the question are as follows:

Right of way type Unit cost per acre
Undeveloped $9,970
Forest $162,140
Historic $1,250,000
Habitate $300,000

Total cost of right of way=undeveloprd area*per unit cost of undeveloped area+forest area*per unit cost of forest area+historic area*per unit cost of historic area+habitate area*per unit cost of habitate area

areas is not given in quesstion ,So let 1 acre of each type of way shown in table

Right of way type Unit cost per acre Area in acre Total cost right of way acquisition
Undeveloped $9,970 1 acre $9,970
Forest $162,140 1 acre $162,140
Historic $1,250,000 1 acre $1,250,000
Habitate $300,000 1 acre $300,000
Total $1,722,110

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