What is the cost factor and what is the price factor

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Given a total labor cost of $320,000, a Fringe Benefits rate of 43%, an Overhead Rate of 62%, a General & Administrative rate of 12%, Other Direct Costs of $27,000, and a desired Fee of 9%:

What is the Cost Factor?

What is the Price Factor?

What should the total bid price be?

Reference no: EM131264519

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What is the cost factor and what is the price factor : Given a total labor cost of $320,000, a Fringe Benefits rate of 43%, an Overhead Rate of 62%, a General & Administrative rate of 12%, Other Direct Costs of $27,000, and a desired Fee of 9%: What is the Cost Factor? What is the Price Factor?
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