to complete project SolutionHope this helps- Price of the project.docx
1. to complete project
Solution
Hope this helps.
Price of the project 108million
Actual cost incurred on the project till end of 2013
2012 30 million
2013 45 million 75million
Estimated cost on 12/31/2013 45 million 45 million
Total cost at the year end 12/31/2013 = actual cost + estimated cost 120 million
Therefore, total Profit / loss = price of poject - cost at the end of
2013 108million - 120 million
12 million
loss