Contract costing

Costing

In this sum , if we calculate % of work completed the ans is 46% . So the calculation for profit transfer to costing p&l will be 1/3 (NP) Ã? cash received/work certified. But sir solved in 90% work completed method. In the video he is saying , it is mentioned in the question but no information regarding this is mentioned in the question . Now which method i should follow

akhil shihab

CMA Inter

★ 25

03-Dec-22 05:14

551

Answers (3)

Best Answer

Plz read the question against U'll definitely understand:)

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KanakaMahaLaxmi Gunisetti

CMA Inter

★ 3K+

03-Dec-22 11:05

KanakaMahaLaxmi Gunisetti

Plz read the question against U'll definitely understand:)

Again*...in the question they said the contract is going to complete by September 30,2021..

KanakaMahaLaxmi Gunisetti

CMA Inter

★ 3K+

03-Dec-22 11:08

In what way it is related to my doubt ? I amnot able to understand

Thread Starter

akhil shihab

CMA Inter

★ 25

03-Dec-22 11:20