Given base index and index at delivery estimation of

Assignment Help Financial Accounting
Reference no: EM13355729

Given base index and index at delivery, estimation of adjusted contract price.

Given the following contract information, calculate the adjusted contract price:

Contract Value

$400,000

Subject to Adjustment

10%

Base Index

124.5

Index at Delivery

132

 

Reference no: EM13355729

Questions Cloud

Gaap and government accounting investments and methods of : gaap and government accounting investments and methods of portfolio valuation.answer the following questions with
Government accounts items requiring passing of journal : government accounts items requiring passing of journal entries in the general fund.the city of brownsville engaged in
Marginal costs calculations and the assumptions on capacity : marginal costs calculations and the assumptions on capacity and requirement of fixed expenses.company xy manufactures
Fair price estimation given annual index values applicable : fair price estimation given annual index values applicable over the years to the item concerned.in 19x9 you are
Given base index and index at delivery estimation of : given base index and index at delivery estimation of adjusted contract price.given the following contract information
Given base index and index at delivery estimation of : given base index and index at delivery estimation of adjusted contract price.given the following contract information
Calculation of simple price indexthe price of an item was : calculation of simple price index.the price of an item was 200 in 19x4 and 220 in 10x5. calculate a simple price index
Comparison between consumer price index cpi amp producer : comparison between consumer price index cpi amp producer price index ppi and estimation of items current price.1. you
Calculation of final contract pricea 400000 fixed price epa : calculation of final contract price.a 400000 fixed price epa contract contains a provision requiring an adjustment for

Reviews

Write a Review

Financial Accounting Questions & Answers

  Examine accounting principles and concepts

Examine accounting principles and concepts used in businesses and prepare and record financial transactions in the accounting cycle according to GAAP and IFRS accounting methodology.

  What would your export response to coca-cola

How would concepts of utility, income, and substitution impact your purchases based on the rise in cost of carbonated beverages?

  Creat a journal entry to record income taxes for the year

Creat a journal entry to record income taxes for the year 2010. Show well-labeled computations for the amount of income tax payable and the change in the deferred tax account.

  Question millar inc purchased a truck to use for deliveries

question millar inc. purchased a truck to use for deliveries and is attempting to evaluate how much depreciation

  Determine cost of goods sold amounts to record

Quadrado uses the LIFO method to account for inventory costs. Determine cost of goods sold amounts to record dor the three months ending September 30,2011.

  Prepare an income statement for the year ended

Prepare an income statement for the year ended December 31, 2011, and a balance sheet as of December 31, 2011 and prepare all journal entries to record the information for 2012. Also prepare any necessary adjusting entries.

  Calculate the labor price and quantity variances

Calculate the labor price and quantity variances, assuming standard is 3.94 hours of direct labor at $12.37 per hour.

  Explain why do you think larry stone wants to estimate

Explain why do you think larry stone wants to estimate the firm's hrdle rate? Is it justifiable to use the firm's weighted average cost of capital as the divisional cost of capital?

  Illustrate what amount should be reported in balance sheet

determined that the economic benefits of the patent would not last longer than 6 years from the date of acquisition. Illustrate what amount should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2..

  Discuss how this change impacts the company

For each ratio, you should define the ratio, inform the directors about the change in the ratio from one year to the next, and discuss how this change impacts the company.

  Define the receiables and what is net income

Is there a way to get a reference to go by to know how to answer the ratio questions off of the assignment of the jcpennys and kohls 10K? Understand the formulas just not the jargon that is on the 10K to compare with my text.

  What distribution strategy would you recommend to kluger

What are the pros and cons of launching Foxy’s brand in the U.S. market? What distribution strategy would you recommend to Kluger and Orol? Why?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd