Assuming a mark-up of 13.54% and that your payment will be received 60 days after the start of the project, what is the cumulative total at the 5th month? Month 1 $13.110.84 12 $14,261.79 13 $36.314.98 14 $57.441.75 5 $27.141.85 6 $21,763.22 Planned Monthly Costs 7 8 Total SO $0 Planned Monthly Revenue Cumulative Costs Cumulative Revenue Cumulative Total

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assuming a mark-up of 13.54% and that your payment will be received 60 days after the start of the project, what is the cumulative
total at the 5th month?
Month
1
2
13
14
5
16
7
18
Total
Planned Monthly
Costs
$13,110.84
$14,261.79
$36,314.98
$57.441.75
$27.141.85
$21,763.22
SO
$O
Planned Monthly
Revenue
$
Cumulative Costs
Cumulative Revenue
Cumulative Total
Transcribed Image Text:Assuming a mark-up of 13.54% and that your payment will be received 60 days after the start of the project, what is the cumulative total at the 5th month? Month 1 2 13 14 5 16 7 18 Total Planned Monthly Costs $13,110.84 $14,261.79 $36,314.98 $57.441.75 $27.141.85 $21,763.22 SO $O Planned Monthly Revenue $ Cumulative Costs Cumulative Revenue Cumulative Total
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