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Verdich [7]
3 years ago
8

The contract cost for constructing a house in June 2005 was $242,555. The index for that month was 205.2 and the current index i

s 288.8. What is the estimated cost to build the house today
Business
1 answer:
larisa86 [58]3 years ago
4 0

The contract cost for constructing a house in June 2005 was $242,555. The index for that month was 205.2 and the current index is 288.8. What is the estimated cost to build the house today $314374.

What is Contract Costing?

Contract costing is used to keep track of expenses associated with a certain contract with a customer. For instance, when a company submits a bid for a major construction project, the business and the potential client engage in a contract describing the parameters of a particular kind of reimbursement for the business.

How do you calculate contract cost?

To determine TCV, multiply the monthly recurring revenue (MRR) by the number of months left in the contract's term, and then add any other one-time costs specified in the agreement.

Total Contract Value = Monthly Recurring Revenue (MRR) x Contract Term Length + Any One-time Fees.

Learn more about contract :brainly.com/question/2669219

#SPJ4

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You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $1.25 an
SVETLANKA909090 [29]

Answer:

if the stock price is between $44.25 and $55.75

Explanation:

Given that, the investor net gain on premium from option is $1.25 + $4.5 = $5.75.

Thus, the investor has to buy at $50 and obligation to sell at $50 in August.

Hence, investor paid-off is shown as x, of Hug-Packing in August as below:

Spot price <$50: 5.75 - (50 - x) = x - 44.25

Spot price = $50: $5.75

Spot price > $50 : 5.75 - ( x -50) = 55.75 - x

Thus, the strategy will pay off only when:

(x - 44.25) > 0 and (55.75 - x) <0 or x is between $44.25 and $55.75.

7 0
4 years ago
Sandhill Co. sells office equipment on July 31, 2022, for $22,430 cash. The office equipment originally cost $77,870 and as of J
ioda

Answer:

(a)

July 31, 2022

Dr. Depreciation Expense          $4,580

Cr. Accumulated Depreciation  $4,580

(b)

Dr. Cash                                      $22,430

Dr. Accumulated Depreciation $41,410

Dr. Loss on Sale of asset          $14,030

Cr. Cost                                       $77,870

Explanation:

Before sale of the asset, depreciation for the year should be recorded. To incorporate its effect on the sale.The depreciation for the 7 months of 2022 will be added to the accumulated depreciation account.

July 31, 2022

Accumulated Depreciation = $36,830 + $4,580 = $41,410

Net Loss is calculated by deducting the accumulated depreciation and cash received on the sale from the original cost of the asset.

5 0
4 years ago
An automated turning machine is the current constraint at Jordison Corporation. Three products use this constrained resource. Da
tamaranim1 [39]

Answer:

Product                              LN          JQ            RQ

Ranking                            1st        2nd        3rd

Explanation:

<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource .</em>

<em>Jordision should rank rank its products using contribution per minute of constraint</em>

<em>Ths is done as follows:</em>

\Product                              LN          JQ            RQ

Selling price                       161.72    50.32     468.25

Variable cost                    <u>(118.94)   (241.42)   (342.92)</u>

Contribution (a)                        42.78      108.9    125.33

Minute        (b)                       <u>   2.30      6.60      8.30</u>

Contribution/minute($)a/b          18.6 16.5   15.1

Ranking                                       1st        2nd        3rd

6 0
3 years ago
Identificar y describir 3 características de los períodos contables
Butoxors [25]

Answer:

el período contable es de un año y va desde el primer día de enero al último de diciembre, aunque también puede estar comprendido entre otras fechas o ser semestral, trimestral o mensual.

3 0
3 years ago
Suppose you transfer $1,000 from your checking account to your savings account. How does this action affect the M1 and M2 money
spayn [35]

Answer:

D) M1 falls by $1,000, and M2 is unchanged.

Explanation:

since checking account comes under M1, a transfer would result in fail, Therefore, a transfer would result in a change in M1 but shows no effect on M2

7 0
4 years ago
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