If a company wants a 20% profit, what is the minimum they will bid on the project? Given: Each modular home to be installed is $100,000. The installation is to be done by one crew over 4 years (paid $10/hour with 5% increase/year) with a learning curve 80% and assumed 1200 hours for first installation. Contract is for 10 homes for year 1, and 20 homes for years 2,3, & 4 each.