Profit Management and Profit Excavator

2. Your company recently completed a lump sum contract to perform sewer repairs after this year's super bowl party at the Illini Union. The site concrete labor, and outside lighting were completed by subcontractors. The grading and excavation, sanitary sewer, water line and storm drain were completed by the company's excavation crew. The company's minimum overhead and profit is 15%. Determine the profit generated by the estimator, project management, and the excavation crew on this project Illini Union Sewer Work Costs Contract Billed to Amount Code DateActual Bud Overrurn 2100 Grading and Excavation 2400 2450 Water Line 2500 Storm Drain 2610 Site Concrete-Labor 2620 Site Concrete Concrete 2900 Outside L 57,800 27,365 31,750 16,85017,000 19,200 21,26520,900 23,600 200 835 750 150 59,000 28,200 31,000 Sewer 19,200 365 23,600 Job Total234,699 $234,699 197,830 198,900 (1,070)