Assignment Requirements 1. The cost elements (calculations) for the cost of the project 2. The price you would provide to Mammoth 3. Break out and identify opportunities to reduce or increase the cost of the proposal that will allow you to come in at or below $140,000 target price 4. A well-structured, professional document with title page, page numbers, and no spelling or grammatical errors. Submission Instructions - Submit your assignment in Blackboard before midnight of the day before the next class - Submit your assignment as one file in PDF, Microsoft Word, or Microsoft Excel format - Filename must include student's Last Name and the Assignment Number Grading See attached rubric Grading Rubric Overview For this assignment, we are going to change our point of view. You are now working for Woolly, and you are preparing Woolly's response to Mammoth's RFP to support the transition of the 12 staff from Saber to Mammoth. Your job is to develop the price that will be part of the fixed price contract. Since Woolly has done transitions many times, you have good historical records, and you can use parametric estimating to help prepare the estimate. Working with the team, you have to develop the following information. Also, your Accounting team wants you to add a 40% overhead on labour costs and a 30% for profit and contingency on all the costs, but not the 40% overhead cost. The overhead on labour costs applies only to hourly costs (consultant, legal support, and communications). You expect that you will need to submit a bid of $140,000 to win the contract