Question

Given a Contract Amount o $14,000,000 and an Estimated Cost of $13,440,000 for a project of 10 months duration, establish a cost estimating sheet to obtain what percentages of estimated cost are Job Overhead & General Overhead?

Answer 1

What is overhead vs direct costs? There are about a million ways to cost account cost categories. I would refer to your text, however, in the real world, there is much variation.