A field change log shows this condition: a $114,000 allowance is reconciled to $137,300 actual cost. Before markup, what additive adjustment is due?
Correct Answer
B) $23,300
The calculation gives $23,300 for the stated allowance add. Other choices: the distractors come from omitting an adjustment, using the wrong rate, or applying a rounded shortcut for calculation item 268.
Why This Is the Correct Answer
The calculation gives $23,300 for the stated allowance add. Other choices: the distractors come from omitting an adjustment, using the wrong rate, or applying a rounded shortcut for calculation item 268.
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