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Effectus [21]
3 years ago
5

What is 8h =112 plz help me

Mathematics
2 answers:
Sergeu [11.5K]3 years ago
8 0

Answer: 14


Step-by-step explanation:

You just have to divide it, it’s simple.


sergiy2304 [10]3 years ago
7 0

Answer: h=14


Step-by-step explanation:


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The Lao Construction Company recognizes revenue over time according to percentage of completion for its long-term construction c
gizmo_the_mogwai [7]

The contract price is $8,750,000

What is contract price?

Contract price means the amount Lao Construction Company charged the customer for total contract's execution.

We need to ascertain the percentage completion of the project first and foremost, which is the total costs incurred to date divided by the contract's total costs.

cost incurred to date=$ 1,500,000

total contract's cost=cost incurred to date+ expected future costs

total contract's cost=$1,500,000+$6,000,000

total contract's cost=$7,500,000

% completion=$1,500,000/$7,500,000

% completion=20%

gross profit recognized=(contract price*% completion)-costs incurred till date

gross profit recognized=$250,000

contract price=unknown(assume it is X)

% completion=20%

cost incurred to date=$ 1,500,000

$250,000=(20%*X)-$1,500,000

$250,000+$1,500,000=0.20X

$1,750,000=0.20X

X=$1,750,000/0.20

X=$8,750,000

Find out more about contract pricing on:brainly.com/question/14315509

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3 years ago
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3 years ago
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