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Q1: what is the sum of total year expenses for both project 1&2 in 2015? Q2: What is the contract amount for project in 2015?

Q1: what is the sum of total year expenses for both project 1&2 in 2015?

Q2: What is the contract amount for project in 2015?

Q3: what is the percentage of completion for project 1 in 2015?

Q4: what is the cost of revenue to date calculated by alternative A for project 1 in 2015?

Q5: How much are the total expenses to date for project 2 on the end of the second year?

Q6: what is the percentage of completion for project 2 in 2015

Q7: what is the revenue to date obtained by alternative B for project 2 in 2016?

Q8: what is the estimated gross profit for project 1 in the year 2017 only?

Q9: what is the percentage of completion for project 2 in 2017?

Q10: how much did the contractor earn in gross income in 2017?

Q11: how many hours in total did the contractor estimate for project 1 when it started?

Q12:what is the percentage of completion for project 1 in 2015?

Q13: What is the cost of revenue to date calculated by Alternative A for Project I in 2015?

Question 14

What is the cost of revenue to date calculated by Alternative B for Project I in 2015?

Question 15

How many hours in total does the contractor estimate for Project II at the end of 2016?

Question 16

What is the percentage of completion for Project II at the end of 2016?

Question 17

What is the gross profit to date for Project II at the end of 2016?

Question 18

What is the revenue to date obtained by Alternative A for Project II in 2016?

Question 19

What is the revenue to date obtained by Alternative B for Project II in 2016?

Question 20

How much money did the contractor earn as their gross income in 2017?


2015


2016


2017

Project Number

1

2

1

2

2

Contract Amount (With Changes)

5,600

8,000

6,000

9,500

10,500

Materials Purchased

600

800

850

1,500

510

Materials Returned

50

0

0

120

0

Materials Paid

500

400

900

1,800

490

Materials Used

370

650

1,030

1,660

380

Wages Incurred

560

680

1,320

840

210

Wages Paid

800

900

1,080

700

130

Subcontractor Cost Incurred

440

1,030

690

1,680

720

Subcontractor Bills

650

1,500

480

1,600

330

Subcontractor Paid

360

1,000

770

2,000

430

Amount Billed to Owner

1,800

3,000

4,200

5,000

2,500

Amount Paid by Owner

1,350

2,880

4,650

5,600

2,020

Amount Retained by Owner

140

300

-140

420

-720

Estimated Cost to Complete

2,000

5,300

0

2,300

0

Labor Hours to Date

7,800

8,600

23,300

21,500

26,100

Labor Hours to Complete

12,200

14,500

0

3,700

0

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