Calculate the total engineering fees including taxes based on the following:
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
Problem 7RE
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Question
![A client plans to construct a manufacturing plant
that involves multiple engineering disciplines.
Calculate the total engineering fees including
taxes based on the following:
Mechanical Works, $1,540,000
Electrical Works, $1,780,000
Earth Works, $950,000
Civil Works, $2,125,100
Environmental Works, $1,325,000
Basis B fees = 9%
There are no office fees
Taxes = 13%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1a1f8fd-52df-4984-b9a5-89d90026fb07%2F275c445b-bdfd-4525-9382-fa65f5919c49%2F0onanbe_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A client plans to construct a manufacturing plant
that involves multiple engineering disciplines.
Calculate the total engineering fees including
taxes based on the following:
Mechanical Works, $1,540,000
Electrical Works, $1,780,000
Earth Works, $950,000
Civil Works, $2,125,100
Environmental Works, $1,325,000
Basis B fees = 9%
There are no office fees
Taxes = 13%
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