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

  Least effect on sample size

Which of the following has the least effect on sample size:

  Describe consumption and production externalities

Describe consumption and production externalities. Describe social benefits and social costs in externalities

  How much does she still owe

Maria takes out a 30- year mortgage for $247621 at an annual interest rate of 4.9%. How much does she still owe when there is 1 year left on the loan

  Ran floor and rugs sells handmade oriental rugs for 825

ran floor and rugs sells handmade oriental rugs for 825 each and machine-made rugs for 265 each. customers buy two

  King company is contemplating the purchase of a smaller

king company is contemplating the purchase of a smaller company which is a distributor of kings products. top

  Find and calculate the depreciation for one month

Find and Calculate the depreciation for one month.Use the straight-line method of depreciation. Management has decided that assets purchased during a month

  What should be the reported value of Sullivans inventory

Sullivan Corporation has determined its year-end inventory on a FIFO basis to be $512,000. What should be the reported value of Sullivans inventory

  What is the sales price for this bond

On January 1, Year One, Big Company offers to sell a $100,000 bond coming due in exactly 10 years. What is the sales price for this bond

  Lee financial services pays employees monthly payroll

lee financial services pays employees monthly. payroll information is listed below for january 2013 the first month of

  What is the adjusted balance of the company shareholders

Preference shares, P100 par 10percent cumulative, What is the adjusted balance of the company's Shareholders' equity account at the end of the year?

  Determine Cassi self-employment income and QBI deduction

Cassi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a sole proprietorship. Determine Cassi self-employment income and QBI deduction

  Discuss the horizontal analysis and ratio analysis

Using the financial statements that you have prepared for Smith Manufacturing; prepare the following analyses in Excel.

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