What is the mark up percentage on total direct cost

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Question - Buendipo Builders is an independent contractor with the following

Revenue 4,370,000.00

Constructions materials 1,125,000.00

Wages 950,000.00

Subcontractors costs 1,725,000.00

Profit 570,000.00

Required -

What is the mark up percentage on total direct cost.

What if Engr Balderas asked to bid with and with estimated cost of P500,000; how much his bid?

What if Committee on Bid comments that Engr Balderas's bid is too high, how Engr Balderas wille response to this?

Reference no: EM133141721

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