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1 and the value n of all of the other property are the ledger values listed ®p the books of First Party Cor m m value other than ledger value vhieh the man&genent decides to use). Such value a are hereafter referred to as the "agreed value". Section 4. The cost to second Party of producing* transporting end delivering water fro® the water hearing lands into the distribution systems of Second Party s M Water Company ahull he deemed to Include ? M the actual oost to Second Party of labor ant materials need In such work. {%} A reasonable charge for supervision of such labor not exceeding 10^ of all items of labor* Co) All social security* unemployment Insurance* railroad taxes or other taxes vhioh may be levied or assessed ? against or on account of such la?mrf (&) A reasonable charge, representing .the coat to Second Party of liability for injury to or death of persons (including employees) or damage to or destruction of property arising In the performance of such labor* or representing the cost to Second Party of insuring against such liability. (e) A reasonable charge for use or rental of tools and machinery used in such writ. (f} A reasonable charge representing cost to Second Party of transportation expense* storehouse expense and pur­chasing department expense upon all Items of material* MOM*