Illustrate what is the total amount of construction expense

Reference no: EM13121764

Q. At December 31, 2011 Seasons Construction estimates that it is 75% complete with the building; explain however, the estimate of total costs to be incurred has risen to $7,200,000 due to unanticipated price increases. Illustrate what is the total amount of Construction Expenses that Seasons will recognize for the year ended December 31, 2011?

Reference no: EM13121764

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