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3. In accounting for a long-term construction-type contract using the percentage-of-completion method, the percentage of the completion is calculated as the to the estimated total

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3. In accounting for a long-term construction-type contract using the percentage-of-completion method, the percentage of the completion is calculated as the to the estimated total costs a. total costs incurred to date b. billed portion of the contract price c. d. unbilled portion of the contract price. total contract price

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