Question
Question 10 In 2013, Sally Construction Co. began work on a two-year fixed price contract project amount of $355 million. The estimated remaining construction costs
Question 10 In 2013, Sally Construction Co. began work on a two-year fixed price contract project amount of $355 million. The estimated remaining construction costs on the project at the end of 2013 is $90 million. The actual construction cost in 2013 is $130. What is the amount of gross profit on the project recognized by Sally Co. during 2013?
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Auditing A Guide To Principles And Practice
Authors: J H Crowhurst
1st Edition
0304309052, 978-0304309054
