An architect-engineering firm is planning a parking lot to accommodate 500 vehicles. each parking space will be 8 feet times 13.5 feet. it has been estimated that the space required for aisles will be 85% of the space required for parking. a local paving company charges $13 per square foot for paving and a flat fee of $10 comma 200 for marking and painting the individual parking spaces. based on this information, what is the estimated cost of paving and marking this parking lot?

Estimate cost of paving and marking = $1,308,900

Explanation:

Each parking space = 8 ft × 13.5 ft

                                 = 108 ft²

total area of the parking = 108 × 500

                                        = 54,000 ft²

space required for aisles = 85% × 54000

                                          = 45900 ft²

Total area = 54000 + 45900 = 99900 ft²

total paving charges = 99,900 × $ 13 = $ 1,298,700

cost of making and painting = $10,200

Estimate cost of paving and marking = $ 1,298,700 + $10,200

Estimate cost of paving and marking = $1,308,900