A contractor estimates the following costs on a project. Materials and equipment $56,000; direct labor $36,000; overhead burden 44% of all labor cost; contingencies $5,000. Profit 10% of total costs. How much will the contractor`s bid be?

A contractor estimates the following costs on a project. Materials and equipment $56,000; direct labor $36,000; overhead burden 44% of all labor cost; contingencies $5,000. Profit 10% of total costs. How much will the contractor`s bid be?