Suppose you are a sub-contractor for a large contracting firm and you offer a service needed in a residential building,

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Suppose you are a sub-contractor for a large contracting firm
and you offer a service needed in a residential building, provide
an estimate of your fee using the Cost plus Fixed Price Method:
Example – Sub-contracting services for Anti Termite
Poisoning:
1.Salary Cost – 5 Laborer, 1 Engineer Supervisor (Php
135,000)
2.Overhead – Taxes, equipment rental, etc (Php 30,000)
3.Direct non-salary expense: travel expenses, gasoline, food,
etc. (Php 20,000)
4.Fixed Fee – all the cost associated with the materials used
plus contractor profit (Php 100,000)
●
TOTAL COST – 285,000 Php