Cost performance report and budgeted profit and actual profit for a service business The budget for the Williams Equipment job in P9-1 consisted of the following amounts:

{Required:}
1. Prepare a cost performance report.
2. Compute the budgeted profit and the actual profit on the job.

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Partners' salary and overhead Associates' salary and overhead Travel Telephone/fax The successful bid price of the job was $26,900. $6,300 9,175 4,150 1,475