The following data are available on Del Fabbro International, Inc. The fixed (home office) overhead for the
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The following data are available on Del Fabbro International, Inc. The fixed (home office) overhead for the past year was $365,200. Total volume was $5.4 million. It is assumed that G & A costs will account for $1.080 million of this volume.
Del Fabbro uses a profit markup of 10%. The estimating department has indicated that the direct and field indirects for a renovation job will be $800,000. What bid price should be submitted to ensure proper coverage of fixed overhead? Assume a 5% inflation factor and a 12% growth factor in the calculation.
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Related Book For
Construction Management
ISBN: 9781119256809
5th Edition
Authors: Daniel W. Halpin, Bolivar A. Senior, Gunnar Lucko
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