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XYZ Construction Company bid a project for $1,000,000 that had a budget of $820,000. Upon completion, XYZs minimum profit and overhead markup was $123,000; profit
XYZ Construction Company bid a project for $1,000,000 that had a budget of $820,000. Upon completion, XYZs minimum profit and overhead markup was $123,000; profit from estimating i.e. bidding and buyout was $57,000; profit from good management of excavation crew was $5,000; profit from good project management was $3,000. What percentage of XYZs profit came from the minimum profit and overhead markup?
65.43% | ||
15% | ||
12.3% | ||
75% |
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