Variables and units
Bid Price
Price quoted to the client.
currency
Total Cost
Material plus labor plus overhead for the job.
currency

Construction · Margin
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Use this to check the profit margin on a job by comparing the bid price against everything the job actually cost.
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(Bid Price - Total Cost) / Bid PriceA $12,500 bid costing $10,000 yields a 20% profit margin.
Bid Price
Price quoted to the client.
currency
Total Cost
Material plus labor plus overhead for the job.
currency
Completed job
A $12,500 bid costing $10,000 yields a 20% profit margin.