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Analysis the given real - life scenario and apply the concepts of job costing to prepare a quotation for the given job. ABC LCC is

Analysis the given real-life scenario and apply the concepts of job costing to prepare a quotation for the given job.
ABC LCC is a contraction company which undertake construction works. In the year 2023-2024, the company has received an invitation for submitting quotation for a construction job. It is estimated that direct labor cost for the proposed work will be 270 workers with a salary of $4,000 per labour. Selling and Distribution cost will be 25% of Factory Cost, Profit 25% on cost of sales. Administrative Overheads will be 25% of Factory Overheads. The direct materials cost will be 10,000 units @ $200 per unit. Factory Overheads of the company will be 60% of Direct Wages and Direct expenses of the project will be 20% of the total of direct material and direct labour cost.

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