Thanks

Dorothy Brandt (instructor) Yesterday Another Workout Problem Blue Suede Construction Corp used the percentage-of-completion method of revenue recognition. They were contracted to build the new amphitheater for $4500000 Additional information was provided As of Dec 31.. Percentage of completion Estimated total expected costs Gross profit recognized (Cumulative) 2015 35% $3,750 000 2016 60% $3,900,000 $225,000 $300,000 Contracted costs incurred during 2016 were Reply