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Cost performance report and budgeted profit and actual profit for a service business nadinecone breed sunod ayolma The budget for the Goode Equipment Inc.


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Cost performance report and budgeted profit and actual profit for a service business nadinecone breed sunod ayolma The budget for the Goode Equipment Inc. job in P9-1 consisted of the following amounts: Partners' salary and overhead . . . . Associates' salary and overhead Travel..... Telephone/fax/copying . . . . The successful bid price of the job was $30,000. Required: 1. Prepare a cost performance report. $6,300 9,175 4,150 1,475 2. Compute the budgeted profit and the actual profit on the job. 1. 2. Cost Performance Report Partners' salary and overhead Associates' salary and overhead Travel Telephone/fax/copying Total Bid price Budgeted costs Budgeted profit Bid price Actual costs Actual profit Actual Result Budget Variance

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