# Compute a conservative estimate of profit on a contract (which is 80% complete) from the following particulars. Illustrate at least

## Question:

Compute a conservative estimate of profit on a contract (which is 80% complete) from the following particulars. Illustrate at least four methods of computing the profit:

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**10**- Job-Order Costing: Cost Flows and External ReportingSection: Problem

Problem: 9

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