Cook Contractors is a general construction company with a wide variety of projects. Budgeted and actual (to
Question:
Cook Contractors is a general construction company with a wide variety of projects. Budgeted and actual (to date) results (in thousands of dollars) for a building project follow.
Requireda. At this time, what is the current cost over (under) run on the project?b. At this time, by how far ahead or behind schedule is the project in terms of percentage of completion?
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Budget % Complete Actual % Complete 0.0% Month Cost Cost 3 24 0.0% $ 1,010 $ 1,720 $ 2,390 $ 3,300 $ 4,150 $ 5,050 $ 5,800 $ 6,640 $ 7,870 $ 8,410 $ 9,390 $ 10,010 820 2.8% 2.5% 4 $ 1,640 $ 2,460 $ 3,280 $ 4,100 $ 4,920 $ 5,740 $ 6,560 $ 7,380 $ 8,200 $ 9,020 $ 9,840 $ 10,660 $11,480 $12,300 5.6% 5.5% 8.4% 11.2% 7.2% 10.9% 14.0% 13.5% 16.8% 9. 17.0% 10 19.6% 19.5% 22.4% 25.2% 28.0% 21.8% 11 23.5% 12 9. 13 10 24.9% 14 11 30.8% 25.0% 12 33.6% 15 28.0% 16 13 36.4% 39.2% 17 14 15 42.0% 18 $13,120 19 16 45.2% $13,940 $14,760 20 17 48.4% 21 51.6% 18 $ 15,580 $16,400 $17,220 22 19 54.8% 58.0% 23 20 61.2% 24 21 22 $18,040 64.4% 67.6% 70.8% 25 26 27 $18,860 $ 19,680 $20,500 $21,320 23 24 74.0% 28 25 79.2% 29 26 30 27 $22,140 84.4% $22,960 $23,780 $24,600 31 28 89.6% 94.8% 100.0% 32 29 33 30 34 col
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259969478
6th edition
Authors: William N. Lanen, Shannon Anderson, Michael W Maher
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