Question: I need the answer as soon as possible Find the profit to be recognized for the first year of a If the Project price $250,000,

I need the answer as soon as possible

Find the profit to be recognized for the first year of a If the Project price $250,000, Project period $3 year Actual Cost to date for the first year (Total Cumulative Cost) $25,000 Total Project Cost for the first year $50,000 Find the % of completion a. 75% b. 40% c. 50% d. 60%

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