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Given the following monthly total direct and indirect costs what are the overdraft in the 2nd month and payment received at the end of the 3rd month Answers are provided in the form of Overdraft 2nd

Given the following monthly total direct and indirect costs, what are the overdraft in the 2nd month and payment received at the end of the 3rd month? Answers are provided in the form of Overdraft 2nd and Payment 3rd] Month: 2 3 Total cost: $25,000 $55,000 $80,000 $20,000 (Direct+Indirect) Assume 12% for markup, 10% for retainage, and 1% for finance charge. Payments are billed at the end of the month and received one month later. $55,050 and $98,560 $81,053 and $28,000 $80,250 and $55,440 $145,000 and $98,560 $89,600 and $25,200 Given the following monthly total direct and indirect costs, what are the overdraft in the 2nd month and payment received at the end of the 3rd month? Answers are provided in the form of Overdraft 2nd and Payment 3rd] Month: 2 3 Total cost: $25,000 $55,000 $80,000 $20,000 (Direct+Indirect) Assume 12% for markup, 10% for retainage, and 1% for finance charge. Payments are billed at the end of the month and received one month later. $55,050 and $98,560 $81,053 and $28,000 $80,250 and $55,440 $145,000 and $98,560 $89,600 and $25,200

 

Apr 30 2020 View more View Less

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