Accounting for Decision Making and Control 6th Edition by Jerold Zimmerman

تمرين 13

Software Associates (SA) is a computer software consulting firm that specializes in designing and implementing integrated marketing database warehousing programs. Humphrey Catalog is a client. In preparing its bid for Humphrey, SA estimates its total labor cost for this project to be $222,500, broken down as follows:
After the completion of the Humphrey contract, the following data are reported:
Required:
a. Prepare a performance report for the Humphrey Catalog project.
b. Offer a plausible explanation for SA's performance on the Humphrey project.