For this problem, do not include dollar signs or percentage…
For this problem, do not include dollar signs or percentage signs. In 2017, Bubbles Inc. began a long-term construction contract with a contract price of $1,000,000. The contract is to start on January 2017 and the construction project is to be completed in December 2019. Pertinent information is as follows: (a) Assume Bubbles uses the percentage-of-completion method. Complete the following chart calculating the gross profit recognized in each year by Bubbles Inc. 2017 2018 2019 Estimated total costs [totalcost17] [totalcost18] [totalcost19] Estimated percent complete (%) [poc17] [poc18] [poc19] Revenue recognizable to date [revtodate17] [revtodate18] [revtodate19] Revenue recognized currently [revcur17] [revcur18] [revcur19] Cost incurred currently [costcur17] [costcur18] [costcur19] Gross profit recognized [gp17] [gp18] [gp19] (b) Assume Bubbles uses the completed contract method. What amount does Bubbles report as construction expenses (cost incurred currently) (if any) for 2017? [ccexp17] (c) Assume Bubbles uses the completed contract method. What amount does Bubbles report as loss on construction contract (if any) for 2018? [ccloss18]
Read DetailsA physician orders acetaminophen (Tylenol) 100 mg PO every 4…
A physician orders acetaminophen (Tylenol) 100 mg PO every 4 hours for a pediatric patient. The pharmacy supplies acetaminophen (Tylenol) elixir as 160 mg/5 mL. Calculate how many mL’s the nurse will need to draw up in the oral syringe. (Enter only the number; Round to the tenth). _______ .
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