Answer:
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.
