Revised estimated total cost is $144,000 and cost to date is $89,000. What cost remains to complete?
Correct Answer
C) $55,000.
Cost to complete is revised total estimated cost minus cost to date: $144,000 - $89,000 = $55,000.
Why This Is the Correct Answer
Cost to complete is revised total estimated cost minus cost to date: $144,000 - $89,000 = $55,000.
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