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    LTCC Formula

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    Reginald Valencia
    The document shows the costs incurred, estimated costs to complete, total costs, percentage of completion, total revenue, revenue to date, costs to date, and gross profit for projects in 2020, 2021, and 2022. It also includes cumulative totals for revenue, costs, and gross profit to date for 2020 and 2021.

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    LTCC Formula

    Uploaded by

    Reginald Valencia
    151 views2 pages
    The document shows the costs incurred, estimated costs to complete, total costs, percentage of completion, total revenue, revenue to date, costs to date, and gross profit for projects in 2020, 2021, and 2022. It also includes cumulative totals for revenue, costs, and gross profit to date for 2020 and 2021.

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    The document shows the costs incurred, estimated costs to complete, total costs, percentage of completion, total revenue, revenue to date, costs to date, and gross profit for projects in 2020, 2021, and 2022. It also includes cumulative totals for revenue, costs, and gross profit to date for 2020 and 2021.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    151 views2 pages

    LTCC Formula

    Uploaded by

    Reginald Valencia
    The document shows the costs incurred, estimated costs to complete, total costs, percentage of completion, total revenue, revenue to date, costs to date, and gross profit for projects in 2020, 2021, and 2022. It also includes cumulative totals for revenue, costs, and gross profit to date for 2020 and 2021.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    2020 2021 2022 Total

    Cost Incurred 350000 350000 350000 Cost Incur


    Estimated Cost to complete 1050000 930000 930000 Estimated
    320000 300000
    Total Cost 1400000 1600000 1580000

    Percentage of Completion 0.25 0.8 1


    Total Revenue 1825000 1825000 1825000
    To Date
    Revenue 456250 1003750 1460000
    Cost 350000 930000 1280000
    Gross Profit 106250 73750 180000

    2020 2021 2022


    Cost Incurred 350000 350000 350000
    Estimated Cost to complete 1050000 930000 930000
    320000 300000
    Total Cost 1400000 1600000 1580000

    Percentage of Completion 0.25 0.8 1


    Total Revenue 1825000 1825000 1825000
    To Date 2020 To Date 2021
    Revenue 456250 1003750 365000 1460000 1825000
    Cost 350000 930000 300000 1280000 1580000
    Gross Profit 106250 73750 65000 180000 245000

    Revenue 456250 1003750 365000


    CIP = Cost incurred + gross profit 456250 1460000 1825000
    RGP 106250 73750 65000
    2020 2021 2022
    350000 930000 300000
    1050000 320000 320000

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