Finanzas ComercialesPregunta 1202 de 1632

A contractor's job had estimated direct costs of $40,000 but actual costs of $46,000. He bid a fixed price of $50,000. What was his actual gross profit?

a.$6,000
b.$10,000
c.$4,000
d.$14,000

Explicación

Actual gross profit is the fixed price less the actual cost: $50,000 - $46,000 = $4,000. $10,000 is the estimated gross profit, $50,000 - $40,000, which the overrun destroyed. $6,000 is the overrun itself, the gap between estimate and actual cost, not a profit. $14,000 comes from adding the overrun to the estimated profit instead of subtracting it.

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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)
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