Given the following table, what is the minimum profit and overhead for thisproject?DescriptionGrading andExcavationSanitarySewerWater LineStorm DrainSite Concrete- LaborSite Concrete- Concrete-OutsideLightingO $33,515$31,485$29,835O $25.945Contract Billed to Date Actual CostsAmount$234,699$234,699$57,800$27,365$31,750$16,850$19,200$21,265$23,600$197,830BudgetedCosts$59,000$28,200$31,000$17,000$19,200$20,900$23,600$198,900Overrun-1,200-835750-15003650-1,070

Introduction The accounting profit (including dividends), less the insured bonus and any adjustments…

Given the following table, what is the minimum profit and overhead for this project? Description Grading and Excavation Sanitary Sewer Water Line Storm Drain Site Concrete - Labor Site Concrete - Concrete Outside Lighting O $33,515 O $31,485 $29,835 $25,945 Contract Billed to Date Actual Costs Amount $234,699 $234,699 $57,800 $27,365 $31,750 $16,850 $19,200 $21,265 $23,600 $197,830 Budgeted Costs $59,000 $28,200 $31,000 $17,000 $19,200 $20,900 $23,600 $198,900 Overrun -1,200 -835 750 -150 0 365 -1,070

Given the following table, what is the minimum profit and overhead for this project? Description Grading and Excavation Sanitary Sewer Water Line Storm Drain Site Concrete - Labor Site Concrete - Concrete Outside Lighting O $33,515 O $31,485 $29,835 $25,945 Contract Billed to Date Actual Costs Amount $234,699 $234,699 $57,800 $27,365 $31,750 $16,850 $19,200 $21,265 $23,600 $197,830 Budgeted Costs $59,000 $28,200 $31,000 $17,000 $19,200 $20,900 $23,600 $198,900 Overrun -1,200 -835 750 -150 0 365 -1,070

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4CDQ: How would each of the following costs be classified if units produced is the activity base? a....

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