Job Bidding > Overhead

What volume of work should be bid to meet the actual volume of $966,000?

• Known volume of work needed $966,000.00

• Success rate 10%

$966,000.00 divided by

.10 success rate = $9,660,000.00

• $9,660,000.00 worth of work must be bid to obtain the known volume needed of $966,000 needed to pay for overhead and to make a profit.