Interested to Buy Any Domain ? << Click Here >> for more details...
ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.28 : In the development of a small engineering facility for biochemical processing, completed contract method is applied in its construction accounting. In a short contract period, let the (contract price) = A. Let the (costs to date) = B; (estimated cost to complete) = C. (a) Find the values of : (i) estimated total costs; (ii) total estimated profit; (iii) percent completion to date. (b) If the project contract is 100 % completed : (i) find the total gross profit recognized; (ii) what is the exact numerical value of C?
- 1 Answers
- 2002 Views
- I also Faced
- E-Mail Answers
Answer Posted / kangchuentat
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.28 : (a)(i) Cost = B + C. (ii) Profit = A - (B + C). (iii) Percent = (100) B / (B + C). (b)(i) Profit = A - (B + C). Profit = A - B when C = 0. (ii) C = 0. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
PLZ ANYONE SEND ME PLACEMENT PAPERS OF I.O.C.L MY ID---- gaurav.nitw.5609@gmailcom
what are the chemicals used in PFR and MFR to Process?
What does the catalystic converter on an automobile really do?
What information is needed to specify a mixer?
Dear sir/madam I am in final year BE chemical engineering.Which companies i can apply .Please guide me.It is very helpful for me
Explain can large temperature differences in vaporizers cause operational problems?
Is there a quick rule-of-thumb to estimate a gas side heat-transfer rate inside the tubes of a shell and tube heat exchanger?
Why is post-weld heat treatment sometimes necessary for welded vessels?
What is the maximum permissible Earth to Neutral voltage in an electrical system.
What is an effective means of removing silicone from aluminum?
What are the advantages of using gear pumps?
what is load and what are the types of load?
I am a student of class 12. With PCMB group. But I Am not good at math. So I wanted to ask whether Chemical engineering can be a good option for me.???
hi, i have completed B.tech Chemical enggneering, plz can anyone provide me GVK BIO company's interview questions. iam attending the interview for the first time..
send previousyear question paper for ongc gt 2011 chemical engineering written exam
