If subcontractor prices are received for work usually done as direct work, how should these be handled?
Question:
If subcontractor prices are received for work usually done as direct work, how should these be handled?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
When subcontractor prices are received for work that is typically done as direct work there are several approaches to handling them effectively 1 Evaluate Cost and Scope Assess the subcontractor price...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Construction Cost Estimating
ISBN: 9780367902681
1st Edition
Authors: John E. Schaufelberger, Len Holm
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
What operational changes would you recommend to Wally to improve performance? Wally Meyer deftly balanced his office keys and a large printout of forecasting data as he wheeled his mountain bike...
-
What is food processing ? Different types of food processing methods Briefly explained
-
Isolution Company acquired patent rights on January 4, 2007, for $750,000. The patent has a useful life equal to its legal life of 15 years. On January 7, 2010, Isolution successfully defended the...
-
Find the slopes of the lines through the points. (12, 20) and (32,13)
-
We will use the Minitab macro BinoGCP or the R function binogcp to nd the posterior distribution of the binomial probability when the observation distribution of Y is binomial (n , ) and we have a...
-
Wilson Wonders bonds have 12 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 10 percent. The bonds sell at a price of $850....
-
1.XYZ Corp. just paid an annual dividend of $3 per share on its common stock. This dividend is expected to grow at a 10 percent annual rate for two years, after which it is expected to grow at a 6...
-
Crane Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Assets Current assets Crane Medical...
-
How can the estimator make his or her work easier when preparing OM estimates?
-
What type of source material is good to use for pricing OM estimates?
-
Currently, there are three diagnostic tests available for chromosome abnormalities in a developing fetus: triple serum marker screening, ultrasound, and amniocentesis. The safest (to both the mother...
-
The FIFA World Cup was one of the biggest sporting events of 2018. The file WC2018Players contains data of the players of the 32 teams that qualified for the event. A dummy variable is included to...
-
You know you have hit the big time when the purple-and orange-lettered Federal Express (FedEx) truck driven by a smiling courier pulls into your driveway or walks up your stairwell and hands you the...
-
Two quality managers meet for lunch every Friday to discuss common problems, compare notes, and make suggestions to each other. Today their discussion has turned into a debate. The topic is the...
-
The Rocky Flats Plant of Rockwell International is committed to hiring hard-core unemployed people for entry-level positions with the intention of migrating them upward. However, many new employees...
-
Pennsylvanias Department of Community and Economic Development maintains a network of industrial resource centers (IRCs) that are operated as nonprofit corporations managed by the private sector but...
-
The University Bookstore at a prestigious private university buys mechanical pencils from a wholesaler. The wholesaler offers discounts for large orders according to the following price schedule:...
-
A business had revenues of $280,000 and operating expenses of $315,000. Did the business (a) Incur a net loss (b) Realize net income?
-
Define the functions of marketing in your own words. Using an example, explain how they can be shifted and shared.
-
Online computer shopping at websites makes it possible for individual consumers to get direct information from hundreds of companies they would not otherwise know about. Co n sumers can place an...
-
Explain why a small producer might want a marketing research firm to take over some of its informationgathering activities.
-
Schmidt Organization acquired land valued at $56,000 for 4,200 shares of its stock. Where on the Statement of Cash flows is this transaction reported?
-
When Flynn was 43 years old, he bought a $500,000 20-year term life insurance policy with an annual premium of $470. Ten years later when he died, the insurance company discovered that his gender had...
-
Wayne University sent a self-audit questionnaire to their employees to get an overview of how their staff viewed the internal control procedures. Looking over the questionnaire, as an accountant,...
Study smarter with the SolutionInn App