contract contract price current re-estimated total cost est gross profit at completion cost to date...

50.1K

Verified Solution

Question

Accounting

Contract Contract Price Current Re-estimated Total Cost Est Gross Profit at Completion Cost to Date % Complete Total Gross Profit (Loss) Recog to Date Amount Earned to Date (Revenue) Total Amount Billed to Date Over-Billings Under-Billings Re-estimated Cost to Complete Remaining Billings Job Borrow Project 1 $1,000,000 $450,000 $400,000 $428,000 Project 2 $1,000,000 $180,000 $279,500 $723,000 Project 3 $1,000,000 $450,000 $483,500 $460,000 Project 4 $1,000,000 $458,000 $523,000 $575,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students