Final answer:
When calculating the cost of an improvement project, it is necessary to include the costs of any construction (like an attached deck and plumbing), permit fees, and the contractor's overhead and profit. Including all these costs ensures a comprehensive and accurate project budget.
Step-by-step explanation:
When calculating the cost of an improvement project, several items must be included to ensure that the project budget is accurate and comprehensive. These items generally range from direct construction costs to indirect expenses associated with the completion of the project. Among the options provided, the items that must be included when calculating the cost of an improvement project are:
It is crucial to include all relevant costs to avoid budget overruns and to have a clear picture of the total investment required for the project.