ACCT 557 (ACCT 557)

California Southern University

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ACCT 557 Week 8 Final Exam/Intermediate Accounting III: Rated A++
  • ACCT 557 Week 8 Final Exam/Intermediate Accounting III: Rated A++

  • Exam (elaborations) • 15 pages • 2020
  • Question (TCO A) Amazon Building, Inc. won a bid for a new warehouse building contract. Below is information from the project accountant…..Total Construction Fixed Price $10,000,000….Construction Start Date June 13, 2012……Construction Complete Date December 16, 2013…..As of Dec. 31… 2012 2013…..Actual cost incurred $4,500,000 $2,360,000……Estimated remaining costs $2,250,000 $-…….Billed to customer $6,000,000 $4,000,000…..Received from customer $5,000,000 $3,500,000……A...
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