Question
Following are data for preparing a profitability report for five different projects. 1.1. You are required to prepare an Excel spreadsheet that present the profit
Following are data for preparing a profitability report for five different projects.
1.1. You are required to prepare an Excel spreadsheet that present the profit and loss for each of the projects below.
Projects data: 4 Park Avenue South Income: $100,934, Subcontractors $23,400, hours spent 324 hours.
189 Broadway, Brooklyn Income: $327,954, Subcontractors $57,000, hours spent 1,020 hours.
245 East 54th St. Income: $72,000, Subcontractors $5,600, hours spent 952 hours.
102 West 41st St. Income: $350,000, No Subcontractors, hours spent 1,564 hours.
315 S. Biscayne Blvd. Miami Income: $427,000, Travel Expenses $50,254, hours spent 2,420 hours.
* The average cost per hour is $110.
1.2. You are required to present in a graph the projects profitability.
Appendix A invoice no. 1
A.B.C Architects New York, NY Attn: Mr Jones Re: Project 129 East 31st For professional services rendered for the last period for the referenced project.
Initial Payment $20,000 X 100% = $20,000
Schematic Design $40,000 X 25% = $10,000
Total fee $30,000
Paid up to date $0
Total current billing $30,000
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