Q1: what is the sum of total year expenses for both project 1&2 in 2015?

Q2: What is the contract amount for project in 2015?

Q3: what is the percentage of completion for project 1 in 2015?

Q4: what is the cost of revenue to date calculated by alternative A for project 1 in 2015?

Q5: How much are the total expenses to date for project 2 on the end of the second year?

Q6: what is the percentage of completion for project 2 in 2015

Q7: what is the revenue to date obtained by alternative B for project 2 in 2016?

Q8: what is the estimated gross profit for project 1 in the year 2017 only?

Q9: what is the percentage of completion for project 2 in 2017?

Q10: how much did the contractor earn in gross income in 2017?

Q11: how many hours in total did the contractor estimate for project 1 when it started?

Q12:what is the percentage of completion for project 1 in 2015?

Q13: What is the cost of revenue to date calculated by Alternative A for Project I in 2015?

Question 14

What is the cost of revenue to date calculated by Alternative B for Project I in 2015?

Question 15

How many hours in total does the contractor estimate for Project II at the end of 2016?

Question 16

What is the percentage of completion for Project II at the end of 2016?

Question 17

What is the gross profit to date for Project II at the end of 2016?

Question 18

What is the revenue to date obtained by Alternative A for Project II in 2016?

Question 19

What is the revenue to date obtained by Alternative B for Project II in 2016?

Question 20

How much money did the contractor earn as their gross income in 2017?

	2015		2016		2017
Project Number	1	2	1	2	2
Contract Amount (With Changes)	5,600	8,000	6,000	9,500	10,500
Materials Purchased	600	800	850	1,500	510
Materials Returned	50	0	0	120	0
Materials Paid	500	400	900	1,800	490
Materials Used	370	650	1,030	1,660	380
Wages Incurred	560	680	1,320	840	210
Wages Paid	800	900	1,080	700	130
Subcontractor Cost Incurred	440	1,030	690	1,680	720
Subcontractor Bills	650	1,500	480	1,600	330
Subcontractor Paid	360	1,000	770	2,000	430
Amount Billed to Owner	1,800	3,000	4,200	5,000	2,500
Amount Paid by Owner	1,350	2,880	4,650	5,600	2,020
Amount Retained by Owner	140	300	-140	420	-720
Estimated Cost to Complete	2,000	5,300	0	2,300	0
Labor Hours to Date	7,800	8,600	23,300	21,500	26,100
Labor Hours to Complete	12,200	14,500	0	3,700	0

Answer rating: 100% (QA)

Q1 The sum of total year expenses for both project 12 in 2015 is 11200 5600 6000 Q2 The contract amount for project 1 in 2015 is 5600 Q3 The percentage of completion for project 1 in 2015 cannot be de... View the full answer