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Sir please help me to solve below question

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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October 28, 2017 at 1:17 am #413459
yuresh1996
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Progress Payments 1400
Contract price 2736
Work certified complete 1824
Contract cost incurred to date 2160
Estimated total cost 2520
1. Calculate the total expected contract profit
2. Calculate the attributable profit using costs as a measure of completion
3. Calculate the percentage of completion based on sales value
October 28, 2017 at 9:59 am #413490
John Moffat
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If you want me to help then you should ask in the Ask the Tutor Forum – this forum is for students to help each other.
However this question cannot be asked in Paper F2 – it is not in the syllabus.
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