At the end of the year, Helen, the controller at her company, is...
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At the end of the year, Helen, the controller at her company, is looking back at three key jobs that have been completed and shipped: Job 54, Job 110, and Job 113. She is particularly focused on these three because they are the least profitable of all jobs completed last year. In addition, these are the only jobs that required extremely specialized plating work, which one former employee always completed for them. Since that employee unexpectedly left the company, the company has needed to contract with a separate employment agency to cover those specific tasks. And, yes, it ended up costing the company more to do this. Here are some details for the three jobs: (a) Determine how much gross margin was originally expected for each job and compare it to the amount of gross margin actually earned for each job, assuming the final selling price equals the bid price. (Enter negative percentages using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round answers to 2 decimal places, e.g. 52.75.) Estimated Amounts: Actual Amounts
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At the end of the year, Helen, the controller at her company, is looking back at three key jobs that have been completed and shipped: Job 54, Job 110, and Job 113. She is particularly focused on these three because they are the least profitable of all jobs completed last year. In addition, these are the only jobs that required extremely specialized plating work, which one former employee always completed for them. Since that employee unexpectedly left the company, the company has needed to contract with a separate employment agency to cover those specific tasks. And, yes, it ended up costing the company more to do this. Here are some details for the three jobs: (a) Determine how much gross margin was originally expected for each job and compare it to the amount of gross margin actually earned for each job, assuming the final selling price equals the bid price. (Enter negative percentages using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round answers to 2 decimal places, e.g. 52.75.) Estimated Amounts: Actual Amounts 