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cl secure l https/ Ch. 5 Assessment Help Seve & Exit Submit In 2018, Cupid Construction Co. (CCC) began work on a two-year fixed price
cl secure l https/ Ch. 5 Assessment Help Seve & Exit Submit In 2018, Cupid Construction Co. (CCC) began work on a two-year fixed price contract project CCC recognizes revenue over time according to percentage of completion for this contract, and provides the following information (dollars in millions) $37.5 Accounts receivable, 12/31/2018 (from construction progress billings) 80254Actual construction costs incurred in 2818 135 s 1e5 Cash collected on project during 2018 Construction in progress, 12/31/2018 Estimated percentage of completion during 2018 207 60% What are CCC's estimated remaining construction costs on the project at the end of 2018? Multple Choice $90 milion $135 million Set 10111 Ne, >
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