XYZ Ltd signs a contract on 30 June 2015, agreeing to build a bridge for ABC Limited at a contract price of $40 million. XYZ Ltd estimates that construction costs will be as follows: Year Ending Cost 30 June 2016 $10 000 000 30 June 2017 $16 000 000 30 June 2018 $ 6 000 000 $32 000 000 The contract provides that ABC will make payments on 30 June of each year as follows: 2016 $8 000 000 2017 $20 000 000 2018 $12 000 000 $40 000 000 XYZ now estimates at the beginning of the 2017 financial year that construction costs will be as follows: Year Ending Cost 30 June 2016 $10 000 000 30 June 2017 $21 000 000 30 June 2018 $15 000 000 $46 000 000 Required: Calculate: a) Percentage of completion for each of the three years. (4 marks) b) Revenue to be recognised in each of the three years. (3 marks) c) Gross profit/loss to be recognised in each of the three years.
Answers: 1
Business, 22.06.2019 19:30, darkremnant14
Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?
Answers: 3
Business, 22.06.2019 22:40, michelerin9486
Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output. c. effective capacity equals design capacity. d. effective capacity is less than design capacity. e. expected output is less than rated capacity.
Answers: 3
Business, 23.06.2019 00:40, briarkaltvedt
You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.
Answers: 2
XYZ Ltd signs a contract on 30 June 2015, agreeing to build a bridge for ABC Limited at a contract p...
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