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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
The next year's budget for Benny, Inc., is given below: Product 1 & 2 Sales $945,000 & 688500 Variable costs 459,900 & 297,000 Fixed costs 300
Ask q6) The Net Sales revenue reported is derived from the sale of products. Each year Findley records from cash sells, sells on account and completed purchase orders. During 2016
Variable costs are the cost that are directly proportionate with the quantity of manufacture and or directly associated with the service.
QUESTION 1: PART A Swatathon Inc. has two production departments (A and B) and two service departments (maintenance and stores). Details of next year's budgeted overheads
Calculate Remuneration of Employee of an Organisation Based on the data underneath that you are necessary to calculate the remuneration of all employee like determined with ea
a. What are the major equity and/or debt securities investments? What amounts are reported in the balance sheet? How significant are those amounts to the company's overall
F ixed Overhead Variance (FOV) Fixed overhead variance has been described by ICMA, London, as 'the variation between the standard cost of fixed overhead absorbed in the pro
is ppe taxable
DIFFERENTIAL COSTING Marginal costing is often confused with differential costing. The word 'DIFFERENTIAL COSTING' means 'a technique used in the preparation of adhoc informati
Sam Edwards has been the accounting manager for Jade Manufacturing in a highly competitive international market for ten years. Jade Manufacturing produces heavy equipment for two m
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