Question
A contractor estimates labor and material costs for a job to be $2,500. Allowing for 15% overhead and 5% profit, what should the total bid
A contractor estimates labor and material costs for a job to be $2,500. Allowing for 15% overhead and 5% profit, what should the total bid be?The answer is 1428.57? How do you get that?
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Financial Accounting
Authors: Jan R. Williams, Susan F. Haka, Mark S. Bettner, Joseph V. Carcello
12th Edition
0071116796, 978-0071116794
