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Brady Construction Company contracted to build an apartment complex for a price of $6,100,000. Construction began in 2016 and was completed in 2018. The following
Brady Construction Company contracted to build an apartment complex for a price of $6,100,000. Construction began in 2016 and was completed in 2018. The following is a series of independent situations, numbered 1 through 6, involving differing costs for the project. All costs are stated in thousands of dollars. |
Estimated Costs to Complete | ||||||||||||
Costs Incurred During Year | (As of the End of the Year) | |||||||||||
Situation | 2016 | 2017 | 2018 | 2016 | 2017 | 2018 | ||||||
1 | 1,610 | 2,460 | 1,230 | 3,690 | 1,230 | |||||||
2 | 1,610 | 1,230 | 2,840 | 3,690 | 2,840 | |||||||
3 | 1,610 | 2,460 | 2,480 | 3,690 | 2,380 | |||||||
4 | 610 | 3,110 | 1,220 | 4,270 | 930 | |||||||
5 | 610 | 3,110 | 2,070 | 4,270 | 2,380 | |||||||
6 | 610 | 3,110 | 2,900 | 5,655 | 2,690 | |||||||
need help with situation 3. got the other one right. thx
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