Question 8 (2 points) By applying dual recovery method to the budget of Commercial New Work (CNW), what is the profit rate on labor and equipment? (Use the following table to answer this question) Account Table 1. Company and Profit Center Budgets Company CNW CR IR $ $ $ % $ % 10,000,000.00 100.00% 6,000,000.00 100.00% 3,000,000.00 100.00% 1,000,000.00 100.00 Revenue (Earnings) Cost of Construction Labor Materials Sub Contracts Other Total Direct Cost 1,360,000.00 13.60% 535,500.00 8.93% 527,000.00 17.57% 3,145,000.00 31.45% 2,059,975.00 34.33% 1,085,025.00 36.17% 2,550,000.00 25.50% 2,550,000.00 42.50% 0.0096 170,000.00 1.70% 170,000.00 2.83% 0.00% 7,225,000.00 72.25% 5,315,475.00 88.59% 1,612,025.00 53.73% 297,500.00 29.7: 0.00 0.00 0.00 297,500.00 29.7: 46.27% 70.25 Gross Profit Total Operating Expense Net Profit (Before Tax) 2,775,000.00 27.75% 684,525.00 1,019,950.00 512,996.00 1,755,050.00 17.55% 171,529.00 11.41% 1,387,975.00 385,242.00 2.86% 1,002,733.00 702,500.00 121,713.00 580,787.00 33.42% 58.08 A) 18.74% OB) 2.11% C) 21.78% OD) 13.85%