Orange Remodeling Service specializes in renovating older homes. Last week the company was asked to bid on the following remodeling job. The list of materials and labor needed to complete the job follows.

Orange uses an overhead markup percentage for materials (50 percent) and for labor (60 percent). Those markups cover all operating costs. In addition, Orange expects to make at least a 30 percent profit on all jobs. Compute the price that Orange should quote for the job.

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Materials Labor Lumber Nails/bolts Paint Glass Doors Hardware Supplies Total 5,000 200 1,800 3,000 500 500 1,000 12,000 Carpenter Floor specialist Painter Supervisor Helpers Total $ 4,000 2,000 2,000 1,000 3,000 $12,000