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Your company completed the East Side subdivision. The costs are shown inFigure 11-4. The site concrete labor and outside lighting were done bysubcontractors. The grading and excavation, sanitary sewer, water line, andstorm drain were done by the company's excavation crew. The company'sminimum profit and overhead markup is 15%. Determine the profitgenerated by the estimator, project management, and the excavation crewon this project.Job: 424 East Side Subdivision Sept. 1, 2004Contract Billed --------------------Costs----------------------Code Description Amount to Date Actual Budget Overrun2100 Grading & Excavation 57,800 59,000 -1,2002400 Sanitary Sewer 27,365 28,200 -8352450 Water Line 31,750 31,000 7502500 Storm Drain 16,850 17,000 -1502610 Site Conc.-Labor 19,200 19,200 02620 Site Conc.-Concrete 21,265 20,900 3652900 Outside Lighting 23,600 23,600 0Job Total 234,699 234,699 197,830 198,900 1,070
Weighted Average Method - Work in Progress While this method is employed, all costs of production are considered in assigning costs to inventory. The method puts together open
i want some informations about elements of manufacturing cost
High-Low method of cost estimation and Number of Photocopies as the cost driver, what would be the resulting cost equation for Maintenance Costs?
Walter manufactures a silicone paste wax that goes through three processing departments: cracking, blending, and packing. All raw materials are introduced at the start of work in t
1. Develop a list of tasks that a newly appointed CFO would be responsible for, including relevant reports they will access and review and the schedule for when this would occur.
Total profit means the total revenue excluding the total cost of the certain products. Average profit defines the profit which comes and achieved after selling each unit. Total
OVERHEAD VARIANCES Unlike labour and direct material, the manufacturing overhead is not completely variable with the level of production. So, standard costs for factory overh
High - Low Method of Cost Estimation Now, cost estimation is based upon the relationship between past level and past cost of activity. Variable cost is based on the relationsh
priple of accounting
I need an example for Lilo,Fifo, and weighted average method for a year. Jan.begining inventory, purchases in Feb., April, July, October, and November. Can you help me with this?
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