User Account

All Pages

What is the total committed costs for materials right now

Assignment Help Accounting Basics
Reference no: EM133098749

Question - For a project that you are managing you have two contractors. The first is working under a time and materials contract and the following information applies: You have received invoices for $ 105,000 worth of materials and have quotations for a further $31,000 worth of materials. $82,000 worth of materials have arrived on site.

The second is working under a fixed price contract. His quotation includes $35,000 worth of materials. So far, he has invoiced you for $29,000 worth of materials. What is the total committed costs for materials right now?

Reference no: EM133098749

Questions Cloud

How much will sharon earn per week : How much will Sharon earn per week given the information: works 45 hours per week at $14 base rate per hour and overtime for any work over 40 hours per week
Think about a recent example of strike action : Think about a recent example of strike action - do your views suggest a pluralist, unitarist or radical perspective
Describe the key hr functions of the organization : You should use the following functions: compensation and benefits, performance management, health and safety, and employees rights
How much cca can the company claim : A construction company has $240,000 in its UCC account at the beginning of 2010. How much CCA can the company claim for 2011
What is the total committed costs for materials right now : The second is working under a fixed price contract. His quotation includes $35,000 worth of materials. What is the total committed costs for materials right now
Prepare the journal entry for marathon company purchase : Prepare the journal entry for Marathon Company's purchase of the net assets of Schreiber Corporation on March 31, 2021
Department in health care organization : Imagine that you manage a department in a health care organization of your choosing.
Calculate over or under billings for a company : Calculate over or under billings for a company with the following information: Job Name: Beatty Street Condos Current Contract Amount: $736,000
What is her holding period return in percent : Juanita invested $66 in the stock market. She earned $7.8 in cash dividends. Her investment is now worth $77.3. What is her holding period return in percent

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd