Maurice Tutor

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About Maurice Tutor

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 7.00

Brady Construction Company

E 5-11 Income (loss) recognition; percentage-of-completion and completed contract methods compared LO4 Brady Construction Company contracted to build an apartment complex for a price of $5,000,000. Construction began in 2006 and was completed in 2008. The following are a series of independent situations, numbered 1 through 6, involving differing costs for the project. All costs are stated in thousands of dollars. Estimated Costs to Complete Costs Incurred During Year (As of the End of the Year) Situation 2006 2007 2008 2006 2007 2008 1 1,500 2,100 900 3,000 900 — 2 1,500 900 2,400 3,000 2,400 — 3 1,500 2,100 1,600 3,000 1,500 — 4 500 3,000 1,000 3,500 875 — 5 500 3,000 1,300 3,500 1,500 — 6 500 3,000 1,800 4,600 1,700 — Required: Complete the following table. Round all answers to the nearest whole dollar. Amounts in parenthesis do not require a minus sign. Gross Profit (Loss) Recognized Percentage-of-Completion Completed Contract Situation 2006 2007 2008 2006 2007 2008 1 $ ____________ $ ____________ $ ____________ $ ____________ $ ____________ $ ____________ 2 ____________ ( ____________) ____________ ____________ ____________ ____________ 3 ____________ ( ____________) ( ____________) ____________ ( ____________) ( ____________) 4 ____________ ____________ ____________ ____________ ____________ ____________ 5 ____________ ( ____________) ____________ ____________ ____________ ____________ 6 ( ____________) ( ____________) ( ____________) ( ____________) ( ____________) ( ____________)

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Maurice Tutor
(5)
Status NEW Posted 18 Aug 2017 02:08 AM My Price 7.00

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