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While fixing rate per unit of an item, the quantity of materials and labour needed for one unit of an item are strictly per __________(a) Special Data Book(b) Standard Data Book(c) Special Data Record(d) Specific Data RecordThe question was posed to me in final exam.Origin of the question is Types of Estimates topic in chapter Rate Analysis, Estimation and Costing of Construction & Building Materials

Answer»

Correct option is (b) Standard Data Book

For explanation: While fixing rate PER unit of an item, the QUANTITY of materials and LABOUR NEEDED for one unit of an item are strictly per the Standard Data Book. However, the rates of labour and materials are OBTAINED from the current standard scheduled of rates.



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