13. Determine the over- and underbilling's for a company with the following information. Show your result using the work on hand worksheet. Job Number 510 479 380 Job Name Lab Remodel Winter Garage Office Renovation Current Contract Amount 32,650 50,275 6,870 Total Estimated Cost at Completion 31,170 42,100 4,950 Actual Costs to Total Billed Date 28,300 39,900 1,986 30,000 46,250 0

13. Determine the over- and underbilling's for a company with the following information. Show your result using the work on hand worksheet. Job Number 510 479 380 Job Name Lab Remodel Winter Garage Office Renovation Current Contract Amount 32,650 50,275 6,870 Total Estimated Cost at Completion 31,170 42,100 4,950 Actual Costs to Total Billed Date 28,300 39,900 1,986 30,000 46,250 0

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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