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Forums › ACCA Forums › ACCA MA Management Accounting Forums › Sir please help me to solve below question
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
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.