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Cost accounting

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 November 2015 Contract completed is 3/4,work certified is 1/2 of contract price. Cost of 3/4 work is Rs. 3,00,000. Calculate cost of work uncertified.



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Amol S Joglekar

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Amol S Joglekar (Expert)
12 November 2015 Assuming cost is evenly spread,

cost of full work is 400,000/-

1/2 of that is uncertified.

(Cost and Contract price are to be tken separately, not to be mixed and confused with each other)

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