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Alize Kuhn

Feb 20, 2025

Summary data for Benedict Construction Co.’s (BCC) Job 1227, which was completed in 2021, are presented below:

Summary data for Benedict Construction Co.'s (BCC) Job 1227, which was completed in 2021, are presented below:
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A.) 33,000Explanation:The computation of the gross profit is as follows; But before that following calculations need to be done Percentage of completion = Cost incurred in 2020 ÷ Total costwhere, Total cost = Cost incurred + estimated cost= $180,000 + $200,000 = $380,000Now Percentage of completion is = $180,000 ÷ $380,000 = 47.368%Now  Revenue to be recognized in year 2020 is = contract revenue × percentage of completion= $450,000 × 47.368% = $213,156So, Gross profit = Revenue - Cost= $213,156 - $180,000 = $33,156 = $33,000... Show More
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The answer is yes it's correct they have to guarantee that job back when they come back... Show More
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there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants... Show More
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