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Determine total costs to consider in computing percentage

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Reference no: EM133178989

Question - Le Mirage Construction reported the following costs on the first year it was contracted to put up a mall:

Labor costs P500,000

Construction Materials 1,500,000

Depreciation of equipment 250,000

Marketing costs to promote mall 150,000

Required - Determine total costs to consider in computing percentage of completion?

a. 2,250,000

b. 2,000,000

c. 2,400,000

d. 2,150,000

Reference no: EM133178989

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