Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if a firm has revenues of $4,500,000 and construct

If a firm has revenues of $4,500,000 and construction costs of $2,780,000 with overhead costs...

50.1K

Verified Solution

Question

Accounting

If a firm has revenues of $4,500,000 and construction costs of $2,780,000 with overhead costs of $ 488,000, what would the Gross profits be? Additionally, provide proportionally for an estimate of the percent General overhead and profit and present a least one paragraph with the estimate and detail outlining your reasoning?

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Two forces, F⃗ 1F→1F_1 and F⃗ 2F→2F_2, act at a point. F⃗ 1F→1F_1 has a magnitude...

Physics
Q

According to Shaul Oreg (2003; 2006), what are the factors that have a positive influence on...

General Management
Q

Two equilateral triangles are put together to form a hexagon with their opposite sides parallel...

Geometry
Q

Use the graph of a transformed toolkit function to write a formula for the resulting...

Geometry
Q

S 70 T U 220 V 19 from your textbook on separate lined paper blems...

Geometry
Q

This illustration shows a dilated image The red solid figure is the preimage and the...

Basic Math
Q

A researcher studying reaction time of drivers states that A 95 confidence interval for the...

Statistics
Q

How does a preference ballot give a voter more choices in an election 1 point...

Statistics
Q

1 Find the circumference of this circle 10 in

Algebra
Q

Stanley Department Stores reported net income of $720,000 for the year ended December 31, 2024....

Accounting
Q

4) Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be...

Accounting
Q

When Lowes Home Improvements sells a new $254 air compressor to a customer, the sale...

Accounting