A fire station located in Baton Rouge, LA was built in 2014. As a prime contractor, use the prices provided in the table to develop a bid price required to perform all work needed to complete the project in accordance with the plans and specifications You are required to calculate the following: A, C, and D: Material price without taxes for Concrete, Flooring and Plumbing B, and E: Labor price without Burden for Masonry and HVAC F: Total price for Electrical G: Sales taxes (9%) applied on Materials H: Labor burden (32%) applied on labor 1: Subtotal Direct Cost J: Indirect Cost (General Conditions (11%)) K: Estimate L: Office overhead (5%) M: Profit (6%) N: Bid Price Then determine the difference in prices between Estimate and bid price. What do you call this difference in price? Division Material price Without Taxes Labor price Without Burden Equipment price Total price Concrete A 2500 $80,000.00 Masonry B $4,950.00 Steel $26,700.00 $2,250.00 $9,000.00 $26,700.00 $40,000.00 $450,000.00 Openings Flooring Paint Plumbing HVAC Electrical Total Direct Cost Without Tax and Burden Sales taxes (9%) Labor burden (32%) Subtotal $2.500.00 $20,500.00 $1,250.00 C $20,500.00 D $150,000.00 $320,000.00 $617,650.00 G $673,238.50 $15,000.00 $2,000.00 $3,000.00 $15,000.00 $15,000.00 E $50,000.00 $343,700.00 H $453,684.00 $1,000.00 $1.250.00 $1.200.00 0 $1,000.00 $1,200.00 $3,600.00 $60,000.00 $3,600.00 F $72,850.00 $1,013,200.00 $72,850.00 Indirect Cost (General Conditions (11%)) Estimate Office Overhead (5%) Profit (6%) Bid Price G K L M