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The following data are available on Del Fabbro International Inc The fixed home office overhead for the past year was $365200 Total volume was $5,400000 It is assumed that G & A costs will

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 $5,400,000. It is assumed that G & A costs will account for $1,080,000 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.

Jun 22 2020 View more View Less

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