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QUESTION 6 Determine the months in backlog using the work on hand spreadsheet shown in Figure 6-5. The company's revenues for the last 12 months
QUESTION 6 Determine the months in backlog using the work on hand spreadsheet shown in Figure 6-5. The company's revenues for the last 12 months were $1,607.000 Step One: Calculate the uncompleted work on hand- Uncompleted Work on Hand = Total Estimated Cost at Completion - Actual Costs to Date Step Two: We are now able to calculate the Months in Backlog. Months in Backlog = (Uncompleted Work on Hand / Revenues for the last 12 months x 12 E comcom QUESTION 6 Determine the months in backlog using the work on hand spreadsheet shown in Figure 6-5. The company's revenues for the last 12 months were $1,607.000 Step One: Calculate the uncompleted work on hand- Uncompleted Work on Hand = Total Estimated Cost at Completion - Actual Costs to Date Step Two: We are now able to calculate the Months in Backlog. Months in Backlog = (Uncompleted Work on Hand / Revenues for the last 12 months x 12 E comcom
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