In early 20×5 the Miami company signed a contract for construction of an industrial park to be completed in three years. At the time. estimated total cost were P2,250.000. And estimated total revenues were 4.000.000. During 20×5, Miami incurred cost of P960,000 and collected P1,100,000 In December 20×5 Miami recalculated total costs for the project to be P3,200.000 while

Sep 8, 2023

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In early 20×5 the Miami company signed a contract for construction of an industrial park to be completed in three years. At the time. estimated total cost were P2,250.000. And estimated total revenues were 4.000.000. During 20×5, Miami incurred cost of P960,000 and collected P1,100,000 In December 20×5 Miami recalculated total costs for the project to be P3,200.000 while
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