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Percentage of Completion with sales = and cost = Practice Problem
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0,4245 1,6452 2,10480 3,12240
<--- Enter costs at time (t)
<--- Enter Total Sales/Revenue
<--- Enter Total Estimated Costs
The following practice problem has been generated for you:
Calculate the Gross Profit for each Year using the Percentage of Completion method with a sales/revenue of 33,803.00 and total estimated costs of 42,495.00